ZoomInfo agrees to pay $44 million to settle securities class action lawsuit
ZoomInfo signed a memorandum of understanding on October 16, 2026, setting terms for a proposed settlement of a securities class action filed on September 4, 2024. The settlement provides for a $44 million payment to the class, a portion of which is expected to be covered by remaining insurance funds, and requires approval by the Washington District Court. The settlement would not resolve related shareholder derivative lawsuits, a related opt-out action, or a separate class action filed on June 25, 2026.
Key points
- $44 million payment to the putative class, with a portion expected to be covered by remaining insurance funds
- Memorandum of understanding executed October 16, 2026; subject to preliminary and final approval by the Washington District Court
- Settlement would not resolve shareholder derivative suits, an opt-out direct action, or the class action filed June 25, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.