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prnewswire.comAUG 192 min read$GTM

Levi & Korsinsky Reminds ZoomInfo Technologies Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 - GTM

Levi & Korsinsky, LLP alerts investors in ZoomInfo Technologies (NASDAQ: GTM) about a pending class action lawsuit against the company and its CEO and CFO. The suit alleges $1.98 per-share losses due to alleged misrepresentations between November 3, 2025, and May 11, 2026, leading to a 33% share price decline. The deadline to apply for lead plaintiff is August 24, 2026.

Original reporting
prnewswire.com
Published Aug 19, 2026, 5:10 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 19, 2026, 7:45 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Levi & Korsinsky Reminds ZoomInfo Technologies Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 - GTM — source image
Source · prnewswire.com
Decision brief

The 30-second read

$GTMBearishLow
01

Why it matters

The announcement highlights legal risk and may trigger further short‑selling or defensive buying.

02

Market read

Primary relevance is to GTM shareholders; no broader market move.

03

What to watch

Potential settlement terms, insurance coverage, and the impact of ongoing litigation on future earnings guidance.

Relevance 4/10Novelty 3/10Timing: lead plaintiff deadline Aug 24 2026

Background

Law‑firm press release informing investors of a pending securities class action against ZoomInfo executives.

Company-level read

Ticker impact

$GTMBearishMedium confidence
Context

ZoomInfo Technologies (NASDAQ:GTM) is the subject of a newly announced securities class action alleging $1.98 per‑share losses and a lead‑plaintiff deadline of Aug 24 2026.

Expected impact

downward pressure or heightened volatility until the deadline passes

Evidence & confidence

Class‑action exposure typically depresses share price, especially with a 33% drop already cited.

Market effects

Sector

May raise scrutiny on B2B data‑analytics firms and their growth guidance.

Regional

Limited to U.S. investors holding GTM shares.

Global

Low; primarily affects ZoomInfo shareholders.

Counterpoint

What could challenge this read

If the class action fails, the stock could rebound on the back of its underlying business fundamentals.

Key entities

  • company
    ZoomInfo Technologies, Inc.

    Subject of the class action (NASDAQ:GTM).

  • law_firm
    Levi & Korsinsky, LLP

    Firm filing the investor notice.

Read at source← All news

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