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ZoomInfo agrees to $44 million settlement of securities class action lawsuit

PUBT·10/19/2026 20:19:51
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ZoomInfo agrees to $44 million settlement of securities class action lawsuit
  • ZoomInfo agreed on October 16, 2026, to a proposed $44 million settlement of a securities class action.
  • The settlement requires Washington federal court approval, with remaining insurance funds expected to cover part of the payment.
  • Investors alleged misleading statements about business performance, including COVID-19 effects, covering common stock purchases between November 10, 2020, and August 5, 2024.
  • The proposed settlement would dismiss the litigation and release claims against defendants without any admission of wrongdoing.
  • Related shareholder derivative lawsuits, an investor opt-out action and a separate class action filed June 25, 2026, remain ongoing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZoomInfo Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001794515-26-000062), on October 19, 2026, and is solely responsible for the information contained therein.