Levi & Korsinsky files class action against ZoomInfo Technologies after 33% stock collapse
NEW YORK, July 8. A 33% stock price decline at ZoomInfo Technologies, Inc. (GTM) is now the basis of a class action lawsuit organized by Levi & Korsinsky, LLP, the firm said. Investors who absorbed those losses are being invited to contact the New York law firm to seek recovery.
Key takeaways
- Levi & Korsinsky, LLP has organized a class action lawsuit against ZoomInfo Technologies, Inc. (ticker GTM) following a 33% decline in its stock price.
- The firm alleges ZoomInfo entered 2026 projecting offensive growth and revenue acceleration, then cut its own guidance, a sequence it says drove the 33% share price collapse.
- Levi & Korsinsky is inviting ZoomInfo shareholders who lost money on the stock to contact the New York firm about joining the action.
- The firm's announcement did not specify a lead plaintiff deadline, a target damages figure, or the exact date ZoomInfo reduced its guidance.
- The case's core is framed as the gap between ZoomInfo's stated growth expectations and its delivered results, with the 33% decline as the measure of investor harm.
NEW YORK, July 8. A 33% stock price decline at ZoomInfo Technologies, Inc. (GTM) is now the basis of a class action lawsuit organized by Levi & Korsinsky, LLP, the firm said. Investors who absorbed those losses are being invited to contact the New York law firm to seek recovery.
What the firm says happened
ZoomInfo entered 2026 with management projecting it as a year of offensive growth and revenue acceleration. The company then cut its own guidance. Levi & Korsinsky says that sequence, a public forecast of accelerating growth followed by a self-imposed guidance reduction, is what drove the 33% collapse in ZoomInfo's share price and is the basis on which investors can pursue claims.
The firm is pressing on the contrast between what ZoomInfo told investors before the revision and what followed. A company projecting offensive growth signals to markets that it expects to expand faster than in prior periods. A subsequent guidance cut tells markets the opposite, and the stock re-prices accordingly.
Who can join and what to expect
Levi & Korsinsky, LLP is soliciting ZoomInfo shareholders who lost money on the stock to contact the firm about participating in the action. The firm's announcement did not specify a lead plaintiff deadline, a target damages figure, or the exact date on which ZoomInfo reduced its guidance.
ZoomInfo Technologies trades under the ticker GTM. The firm's announcement frames the core of the case as a gap between stated expectations and delivered results, with a 33% share price decline as the measure of investor harm.