NEW YORK, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (&#34;ZoomInfo&#34; or the &#34;Company&#34;)

Kaplan Fox Encourages ZoomInfo Technologies Inc. (NASDAQ: GTM) Investors with Significant Losses to Contact the Firm Before August 24, 2026

ZoomInfo class-action over 2026 revenue outlook raises GTM risk concerns

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (&amp;#34;ZoomInfo&amp;#34; or the &amp;#34;Company&amp;#34;)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kaplan Fox filed a securities class action against ZoomInfo alleging misstatements about the 2026 revenue outlook and AI-driven product plans. ZoomInfo cut its 2026 revenue guidance and disclosed restructuring costs and 20% layoffs, sending the stock down roughly 33% to $4.06 on May 12, 2026. The GTM implication is increased scrutiny of AI go-to-market bets and potential budget tightening.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Class-action filed against ZoomInfo over 2026 revenue guidance and AI claims.</li><li>ZoomInfo cut 2026 revenue guidance; restructuring costs and 20% layoffs disclosed.</li><li>Stock fell ~33% to $4.06 on May 12, 2026.</li><li>Plaintiffs allege misrepresentation of AI-driven product growth and revenue outlook.</li><li>Near-term GTM risks include slower seat-based demand and weaker upsells.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>ZoomInfo Technologies Inc. (GTM)</strong>: Subject of class action alleging misstatements about revenue outlook and AI strategy; GTM risk highlighted.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP</strong>: Plaintiff’s law firm leading the case; potential reputational and legal-exposure implications.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The piece centers on a securities lawsuit tied to ZoomInfo&#039;s GTM-related disclosures; it frames potential governance and GAAP/going-to-market risk that could influence investor perception and cost structure.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal action compounds existing GTM headwinds from AI product demand weakness.</li><li>Lowered revenue guidance and 20% headcount cuts signal GTM spend reallocation.</li><li>Significant share-price drop may pressure valuation and investor sentiment.</li><li>Lead plaintiff deadline August 24, 2026 adds a near-term catalyst risk.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: November 3, 2025 to May 11, 2026.</li><li>May 11, 2026: ZoomInfo reports Q1 2026 results; revenue guidance cut to $1.185–$1.205 billion from $1.247–$1.267 billion.</li><li>Restructuring costs: $45–$60 million; 20% workforce reduction.</li><li>May 12, 2026: stock closes at $4.06, down ~33%.</li><li>Lead plaintiff deadline: August 24, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bearish near-term GTM risk; watch for further cost discipline and shifts in go-to-market spending over the next 1–2 quarters.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, Aug.  17, 2026  (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=IP04OgsLScUQnk2OhRc6sfhoOQTneIbwYPgBIIW-5qIAlWJ8Vd8pRYp5IU3hdvHrre6Jz0Nw7_Ki-v7a476AGcPvkBx1kYqRSlTLlI_40vBwOp4TMHpNPN25YCvgWVkk7PVg04YndoSyhWbi-sOshUZOUB6Iqlwe7epDH0407DEvPPvhC6hQ6fnoRhW4d7YZ4iRV7rRVnUshzWs3jG8xowqDGN8sbieeieY-FdOSm-K0Z9NG-ibKO_-CVTwMCfNs" rel="nofollow" target="_blank">Kaplan Fox &amp; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GTM">GTM</a>) on behalf of investors that purchased or otherwise acquired ZoomInfo securities between November 3, 2025 and May 11, 2026 (the "Class Period").</p>  <p align="center"><a href="https://www.globenewswire.com/Tracker?data=TB5V7HryFeNtVkmtXloRUXALJqfAsHQxGsjDwEba2qbdi8vbNHSVNaksqgBz7Jxyfk8jnM23UBD_Ne4vq5MgH4PjRhzT2uD0ShygAOTwN3_7rKQWMEL6SAEJjajTvHLs1ADt5hP-KLlxv2o4TAwcdtM1cC53GqoGFoAzoXi5vlAbwHUnMdXaMHVaC7IAPiO1NTFbcAkMaMZz9fkBNY9z625g0Xb6B9tXRo1Jj2fLGUmVaU3aCoq1qWgO--8Y2qfVwZeviiiqfp7mCOH_3oYF0ixhPbCDizjduRsuWzM7m6pKc1ATUichV4WfOW9UWWk5__QAp3kCQmCeEAstRKsNrw==" rel="nofollow" target="_blank">CLICK HERE TO JOIN THE CASE</a></p>  <p align="justify"><strong>If you are an investor in ZoomInfo and have suffered losses, you may </strong><a href="https://www.globenewswire.com/Tracker?data=TB5V7HryFeNtVkmtXloRUTlTNw7BldgSbRIf4g_bw_WdUTUybdCmJz9e8zaq-h0by3iIjgk5VzxnmRTBemhPkP3lrKmS_Ip3vbFFINOo19f1pHssBcUm-4r1s05vV3_hjz7zlkwWVJthFCmFi4tTVUGVhAZltOHBqq7HhNS9thAWvYAaE5nxQN894ynfBcjBDI8OiMVjun2WynLDI2kDHPCxVlNrBvqM_DFBrV3ZNjAYBibT3PLqTDSxR91jXT3PDVMcnlgio5KeoxHT5WixNmHz_KLjk3U3NRX45xE9ue3f7PMNXqqGJ7RNTPUufxj4" rel="nofollow" target="_blank"><strong>CLICK HERE</strong></a><strong> to contact us. You may also contact Kaplan Fox by emailing </strong><a href="https://www.globenewswire.com/Tracker?data=_7YjFOppsm7TDnkqlvNXW95ODd8UVi9vZm1e3oJbMgt5E4krJny726fl5qE-sa2Plq8ZGCSaF3ZiXdQRmEbmv2HK-jd4gDA_xtHmQugG9-c=" rel="nofollow" target="_blank"><strong>pmayer@kaplanfox.com</strong></a><strong> or by calling (646) 315-9003.</strong></p>  <p align="justify"><strong>DEADLINE REMINDER: </strong>If you are a member of the proposed Class, you may move the court <strong><u>no later than August 24, 2026</u></strong> to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p>  <p align="justify">On May 11, 2026, after the market closed, ZoomInfo reported its first quarter 2026 financial results. The Company reduced its 2026 revenue guidance from a range of $1.247 - $1.267 billion to $1.185 - $1.205 billion. During the subsequent earnings call, Chief Executive Officer Henry Schuck stated that "[i]n the closing days of March and into April, [the Company] saw a trend of AI and agentic confusion," which led to "a pause in purchasing decisions." According to the complaint, the Company also announced restructuring costs of $45 million to $60 million and that it would be laying off 20% of its workforce.</p>  <p align="justify">Following this news, on May 12, 2026, the price of ZoomInfo stock fell $1.98 per share, nearly 33%, to close at $4.06 per share.</p>  <p align="justify">The complaint alleges that throughout the Class Period Defendants created the false impression that they possessed reliable information pertaining to the Company’s projected revenue outlook and anticipated growth of its legacy and emerging AI-driven products, core software business and sustained improvement in net revenue retention. Further, the complaint alleges that, in truth, ZoomInfo’s optimistic plan for continued growth was undermined by slowing seat-based demand, weakening upsells and customers revising decisions to purchase AI products and develop internal AI-driven go-to-market solutions, making ZoomInfo’s 2026 full year revenue guidance increasingly unlikely to be met.</p>  <p align="justify"><strong>WHY CONTACT KAPLAN FOX - </strong>Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox &amp; Kilsheimer LLP, you may visit our website at <a href="https://www.globenewswire.com/Tracker?data=Q0nA1Orwo2ulObIovzpJhbAYZdZ8mf4MWg8rJaXQmNpNDoAgKFydW-5fSiJwqEFSm4X099gcq3oRXWVrfoY_7edsXXJGvlKOea5pQy1Sn5A=" rel="nofollow" target="_blank">www.kaplanfox.com</a>.</p>  <p align="justify">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p>  <p align="justify">If you have any questions about this Notice, your rights, or your interests, please contact:</p>  <p align="justify"><strong>CONTACT:</strong><br></br>Pamela A. Mayer<br></br><a href="https://www.globenewswire.com/Tracker?data=-d8fNy22yKKcvAp3TXMSEV2qeKQKw2B1HNnh_422J_reJdWVTx03_Ccdp7X_V7XZjrgu8a8eZNs7d4_-oVu61x9aMPYQ4zJdyy8mrHHu9VdqQXfniuApHMHrWRGBaYh2" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a><br></br>800 Third Avenue, 38th Floor<br></br>New York, New York 10022<br></br>(646) 315-9003<br></br><a href="https://www.globenewswire.com/Tracker?data=_7YjFOppsm7TDnkqlvNXW95ODd8UVi9vZm1e3oJbMgvyn7sKod5CZBVBgwNvJwMOZXOFh0ToOGxky9VL-fFo3DhEEs2JOnNJ5eJIYaWCi8M=" rel="nofollow" target="_blank">pmayer@kaplanfox.com</a></p>  <p>Laurence D. King<br></br><a href="https://www.globenewswire.com/Tracker?data=-d8fNy22yKKcvAp3TXMSEV2qeKQKw2B1HNnh_422J_oJzoJh57l_p3nTaERRMwQsy8f0ZLUC3zzcU6zRSbaVRb1Jy_wKr3UxzF7kDvB8cby9FanafpWp3XyPSta3qTZu" rel="nofollow" target="_blank">KAPLAN FOX &amp; KILSHEIMER LLP</a><br></br>1999 Harrison Street, Suite 1501<br></br>Oakland, California 94612<br></br>(415) 772-4704<br></br><a href="https://www.globenewswire.com/Tracker?data=j3iIlA_F4k3wAfSAySaApGw4cmSr-eWRdSo67AH5bX2Wx3YBObnjyU2ShJUSjO4poe4CgxuTpLSXrXyDQbVghoV9-OJskwXOponYJUQZa98=" rel="nofollow" target="_blank">lking@kaplanfox.com</a></p>  <p>Contacting or submitting information to Kaplan Fox &amp; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p>  <p><a href="https://www.globenewswire.com/Tracker?data=2zQrLRlq2rQcZ3DutlieuDkLpLW5A9OXzWcybZPbruW1vcX-iQiwnUGXHwjNOi0N7ay7b94OPCdsde7hCEUBH1D1z6EHEMUiEDoJurz6N8qYxDcvbtA-ph8M7O6Zm1mxr7KEueiTOZDQNFfn9L3EG0zUh5ySd-6WaL6OFfS173foxTi1Ylg7Ob_BH8rVJF2Be_tsPiKwb8VimAFMnx_8XS9qMj5Pmn7ea9sJlFmSoTM9y7PIksDJI9YCJU9WH1QtPPY3oU5OEA-LCPi1FkvJvCXQrchATXBgfyDwbQwfwUo=" rel="nofollow" target="_blank">https://www.kaplanfox.com/case/zoominfo-technologies-inc-class-action-alert-learn-more-now/</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMTIwOCM3Nzc5NjE1IzIwMjA4OTE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NDM3OTM4MTUtM2RmYi00Yjg5LWE4ZTctZDhmZTkwMGVmMmJiLTEwMzE5OTktMjAyNi0wOC0xNy1lbg==/tiny/Kaplan-Fox-Kilsheimer-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/711aa439-0e7d-4b53-8daa-452f70fe946a"><img src="https://ml.globenewswire.com/media/711aa439-0e7d-4b53-8daa-452f70fe946a/small/pr-resizing-kaplan-fox-tagline-logo-color-jpg.jpg" border="0" width="150" height="29" alt="Primary Logo"></img></a></p>

Kaplan Fox filed a securities class action against ZoomInfo alleging misstatements about the 2026 revenue outlook and AI-driven product plans. ZoomInfo cut its 2026 revenue guidance and disclosed restructuring costs and 20% layoffs, sending the stock down roughly 33% to $4.06 on May 12, 2026. The GTM implication is increased scrutiny of AI go-to-market bets and potential budget tightening.

News insight

Kaplan Fox Encourages ZoomInfo Technologies Inc. (NASDAQ: GTM) Investors with Significant Losses to Contact the Firm Before August 24, 2026

AI summary

Sentiment rationale

Key facts

Legal