Law Offices of Howard G. Smith announces an investigation on behalf of ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ: GTM) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZOOMINFO TECHNOLOGIES INC. (GTM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 11, 2026, after market hours, ZoomIngo released its first quarter 2026 financial results, revealing that the Company was reducing its revenue guidance, realigning its downmarket business, laying off 20% of its workforce, and expecting to incur approximately $45-60 million in restructuring costs due, in part, to “a trend of AI and agentic confusion in [the Company’s] customer conversations.”
On this news, ZoomInfo’s stock price fell $1.98, or 32.8%, to close at $4.06 per share on May 12, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased ZoomInfo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260702880221/en/
Media gallery
