---
schema_version: "secwatch.filing_event.v1"
accession: "0001794515-26-000062"
form_type: "8-K"
ticker: "GTM"
cik: "0001794515"
company_name: "ZoomInfo Technologies Inc."
filed_at: "2026-10-19T20:05:05+00:00"
generated_at: "2026-10-19T20:06:31.257205+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# ZoomInfo to pay $44M to settle 2020-2024 securities class action; other suits remain

## Summary
- Memo of understanding executed Oct 16, 2026 requires ZoomInfo to pay $44M to the putative class; a portion is expected to be covered by remaining insurance funds.
- Settlement covers purchasers of GTM common stock from Nov 10, 2020 through Aug 5, 2024; subject to preliminary and final approval by the W.D. Washington court.
- The deal does not resolve derivative suits in Washington and Delaware, a direct opt-out action by certain investors, or a separate class action filed June 25, 2026.
- Underlying suit, filed Sept 4, 2024, alleged false or misleading statements about the business, operations and COVID-19 effects on performance.
- Company cites costs, uncertainty and distraction of continued litigation as rationale; settlement is not an admission of fault or wrongdoing.

## SEC filing metadata
- accession: 0001794515-26-000062
- form_type: 8-K
- ticker: GTM
- cik: 0001794515
- company_name: ZoomInfo Technologies Inc.
- filed_at: 2026-10-19T20:05:05+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794515/000179451526000062/0001794515-26-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794515/000179451526000062/zi-20261016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794515-26-000062
- JSON: https://secwatch.observer/filing/0001794515-26-000062.json
- Plain text: https://secwatch.observer/filing/0001794515-26-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.