ZoomInfo Agreed on October 16, 2026 to Pay $44 Million to End the 2024 Investor Class Action — but There Is No Claim Form, No Settlement Website and No Court Approval Yet
Does this affect you?
AI Legal Assistant · free · answers in seconds · general information, not legal advice
State Teachers Retirement System of Ohio v. ZoomInfo Technologies Inc., Case No. 3:24-cv-05739, United States District Court for the Western District of Washington, Judge Tiffany M. Cartwright. On October 16, 2026, ZoomInfo and the two Ohio pension funds leading the case signed a memorandum of understanding for a proposed $44 million settlement of the securities class action filed on September 4, 2024 on behalf of people who bought ZoomInfo common stock between November 10, 2020 and August 5, 2024. ZoomInfo disclosed the deal in a Form 8-K filed on October 19, 2026; part of the money is expected to come from remaining insurance. The settlement still needs preliminary and final approval from the court, and as of October 20, 2026 there is no claim form, no per-share estimate and no official settlement website. It does not cover the separate 2026 investor lawsuit over purchases between November 3, 2025 and May 11, 2026.
By Settlement Insight Data Desk ·

The short answer: a $44 million deal is signed, but nobody can claim money at this point
If you bought ZoomInfo stock between November 10, 2020 and August 5, 2024, a zoominfo settlement is on the way — but only on paper so far. ZoomInfo’s Form 8-K, filed with the SEC on October 19, 2026, says that “on October 16, 2026, the parties executed a memorandum of understanding setting forth the terms of a proposed settlement” and that it “provides for a payment by ZoomInfo to the putative class in the amount of $44 million, a portion of which is expected to be covered by remaining insurance funds, in exchange for the dismissal of the Securities Litigation and a release of claims against the Defendants.”
A memorandum of understanding is the step before the full settlement agreement. The filing is explicit that “the Proposed Settlement is subject to preliminary and final approval by the Washington District Court and certain other conditions.” Until Judge Tiffany M. Cartwright grants preliminary approval, there is no notice, no claim form, no claims administrator and no deadline. As of October 20, 2026 we found no settlement website for this case and no per-share figure anywhere in the public record we could read. ZoomInfo also says the deal “is not an admission of fault or wrongdoing by ZoomInfo or any other Defendant” and that it settled “given the costs, uncertainty, and distraction of continued litigation.”
What the lawsuit alleged and how far it got
The case was filed on September 4, 2024 in the Western District of Washington; ZoomInfo is based in Vancouver, Washington. According to ZoomInfo’s quarterly report for the period ended June 30, 2026, the investors allege that the company and certain current and former officers “made false and/or misleading statements related to the Company’s business, operations, and prospects, including in respect of the effects of the COVID-19 pandemic on the Company’s performance,” in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. Those are allegations; the court never ruled on whether they are true.
On December 12, 2024 the judge appointed the “Ohio Funds” — the Ohio Public Employees Retirement System and the State Teachers Retirement System of Ohio — as lead plaintiffs, denying the competing lead-plaintiff motions. They filed an amended complaint on March 11, 2025. On October 28, 2025 Judge Cartwright granted the defendants’ motions to dismiss in part and denied them in part: claims against DO Holdings, TA Associates and Carlyle were dismissed, while claims against ZoomInfo and three executives survived at least in part, and the company answered on December 5, 2025. The Ohio Funds moved to certify a class on June 26, 2026. As of October 20, 2026 that motion has not been decided: under the July 15, 2026 schedule, ZoomInfo’s opposition was due December 23, 2026, and substantial completion of document production was due October 21, 2026 — five days after the deal was signed. Because no class was certified, the 8-K speaks of a “putative class”; a settlement class would be defined in the settlement papers the court has to approve.
Who would get money, how much, and when
Who: the 8-K describes the case as brought on behalf of “individuals who purchased Company common stock between November 10, 2020, and August 5, 2024.” Under federal securities law the eventual payment usually depends on when you bought and sold and what you paid, and having bought in the window does not by itself guarantee a recoverable loss. The exact class definition, exclusions and formula will be in the settlement papers.
How much will I get from a class action lawsuit like this? Nobody can say for this one as of October 20, 2026. The $44 million is a gross figure: in investor settlements, court-approved attorneys’ fees, litigation expenses and administration costs come out first, and the rest is divided under a plan of allocation by each claimant’s calculated loss. ZoomInfo’s filing gives no per-share estimate, no fee figure and no count of affected shares, and we have not seen a plan of allocation. Any per-share number you see before the notice is published is a guess. You can test a range with our payout calculator, but treat it as a rough illustration.
When: there is no timetable in the filing. The sequence is fixed by the approval process: a full settlement agreement and a motion for preliminary approval, then notice to investors (usually through brokers) with a claim deadline and a deadline to opt out or object, then a final approval hearing, and only after that, payments. No date for any of these steps has been set as of October 20, 2026.
What to do now, and which ZoomInfo cases this deal does not touch
There is nothing to file at this stage. What helps later: keep or download your brokerage statements and trade confirmations for ZoomInfo shares bought or sold from November 2020 through August 2024, including shares held in retirement accounts. Claim forms in securities settlements ask for each purchase, sale and holding with dates, share counts and prices. If your shares are held by a broker, the notice will usually come through the broker, so make sure your contact details there are current.
The deal is narrow. ZoomInfo’s 8-K says it “would not resolve or otherwise impact” three other sets of cases. First, shareholder derivative suits: two filed in Washington federal court (December 2, 2024 and February 4, 2025), consolidated and stayed, and two in the Delaware Court of Chancery (March 25 and June 15, 2026). Those are brought on the company’s behalf, and any recovery would go to ZoomInfo, not to individual investors. Second, a direct action by investors “who have indicated their intent to opt out” — Advanced Series Trust v. ZoomInfo Technologies Inc., No. 3:26-cv-05882, filed August 5, 2026 by Advanced Series Trust, Prudential Investment Portfolios 2 and other plaintiffs, also before Judge Cartwright; ZoomInfo filed its answer there on October 19, 2026. Third, a new class action, Tejada v. ZoomInfo Technologies Inc., No. 3:26-cv-05696, filed June 25, 2026, for purchasers between November 3, 2025 and May 11, 2026, which alleges that executives overstated their confidence in the revenue outlook, AI-driven products and net revenue retention. ZoomInfo calls that case “unrelated” and says it will “vigorously defend” against the remaining lawsuits. Buying in 2025 or 2026 does not make you part of the $44 million deal.
Is it real, or a scam? And is ZoomInfo still public?
The deal is real: it comes from ZoomInfo’s own SEC filing. What does not exist on October 20, 2026 is any way to claim from it. A message saying you are “owed” a share of the ZoomInfo $44 million and asking for a fee, your brokerage password or your Social Security number before the court has approved notice did not come from the court. When the claims process opens, the court-approved notice will name the administrator and its website, and you can check that name against the court docket for case 3:24-cv-05739. Search results for this topic also show sites for cases against Zoom, the video-meeting company. Those are different cases against a different company.
Is ZoomInfo still public? Yes. The October 2026 8-K lists ZoomInfo Technologies Inc. common stock as trading on The Nasdaq Stock Market under the symbol GTM. If you hold shares now, the settlement does not affect your current holding; it only concerns purchases in the 2020–2024 window.
Not the right-of-publicity settlement many people remember
Searches for a zoominfo settlement often turn up a different, older case: Ramos et al. v. ZoomInfo Technologies, LLC, No. 21-cv-02032, in the Northern District of Illinois before Judge Charles P. Kocoras. It concerned people, not investors: residents of California, Illinois, Indiana and Nevada whose names appeared on ZoomInfo.com preview pages. The suit claimed ZoomInfo used “full names, business addresses, work history, job title, partial business phone number and work email address, and other identifying information to advertise or promote subscriptions”; ZoomInfo denied it. The official FAQ lists state funds of at least $14,228,617.50 (California), $11,695,860.00 (Illinois), $2,302,080 (Indiana) and $1,331,055 (Nevada) — $29,557,612.50 together, by our addition — each subject to upward adjustment, with estimated payments of $108.43 to $216.86 in California, $145.93 to $291.85 in Illinois, $740.77 to $1,481.54 in Indiana and $971.24 to $1,942.47 in Nevada.
That case does not help you now: its claim deadline was November 4, 2024, and its final approval hearing was set for November 21, 2024. If you filed a claim there and have a payment question, contact that administrator at (866) 602-7871 or info@zoominforightofpublicitysettlement.com, or write to P.O. Box 25188, Santa Ana, CA 92799. A Ramos claim has nothing to do with the $44 million investor settlement, and an investor claim later will not reopen Ramos.
The Data Behind This Story
- Case
- State Teachers Retirement System of Ohio v. ZoomInfo Technologies Inc., No. 3:24-cv-05739 (securities class action, filed September 4, 2024)
- Court
- U.S. District Court for the Western District of Washington, Judge Tiffany M. Cartwright
- Proposed settlement
- $44 million, memorandum of understanding signed October 16, 2026; part expected from remaining insurance; no admission of wrongdoing
- Disclosed
- ZoomInfo Form 8-K filed with the SEC October 19, 2026
- Class period
- Purchases of ZoomInfo common stock November 10, 2020 – August 5, 2024 (putative class; no class certified)
- Allegations
- Misleading statements about the business, including COVID-19 effects; Sections 10(b) and 20(a), Rule 10b-5 — alleged, not proven
- Lead plaintiffs
- Ohio Public Employees Retirement System and State Teachers Retirement System of Ohio, appointed December 12, 2024
- Approval status
- Needs preliminary and final court approval; no hearing date set as of October 20, 2026
- Claim form
- None as of October 20, 2026 — no administrator, website, per-share estimate or deadline published
- Not covered
- Derivative suits (W.D. Wash., Delaware Chancery); opt-out action No. 3:26-cv-05882; Tejada class action No. 3:26-cv-05696 (purchases November 3, 2025 – May 11, 2026)
- Ticker
- GTM on The Nasdaq Stock Market
- Different case
- Ramos v. ZoomInfo (N.D. Ill., No. 21-cv-02032), right-of-publicity settlement; claims closed November 4, 2024
- Source: ZoomInfo Technologies Inc., Form 8-K, Date of Report October 16, 2026, filed October 19, 2026 (sec.gov), read October 20, 2026: memorandum of understanding of October 16, 2026, $44 million payment, insurance portion, approval conditions, no admission of fault, reasons for settling, cases not resolved, GTM ticker on Nasdaq
- Source: ZoomInfo Technologies Inc., Form 10-Q for the quarter ended June 30, 2026, filed August 5, 2026 (sec.gov), read October 20, 2026: Securities Litigation allegations and statutes, derivative suits with filing dates and stay, June 25, 2026 class action with class period November 3, 2025 – May 11, 2026 and its allegations
- Source: SEC EDGAR submissions index for ZoomInfo (CIK 1794515), read October 20, 2026: 8-K filing date October 19, 2026
- Source: CourtListener RECAP search results for W.D. Wash. dockets 3:24-cv-05739, 3:26-cv-05882 and 3:26-cv-05696, read October 20, 2026: case names, filing dates, assigned judges; Dkt. 59 lead-plaintiff order (December 12, 2024), Dkt. 76 amended complaint, Dkt. 105 order on motions to dismiss (October 28, 2025), Dkt. 112 answer, Dkt. 147 class-certification motion (June 26, 2026), Dkt. 150 schedule (July 15, 2026)
- Source: Local CM/ECF feed database (werkzeuge/akte.py), read October 20, 2026: answer filed October 19, 2026 in Advanced Series Trust v. ZoomInfo, No. 3:26-cv-05882
- Source: ZoomInfoRightOfPublicitySettlement.com — home, FAQ and contact pages (Ramos et al. v. ZoomInfo Technologies, LLC, N.D. Ill. No. 21-cv-02032), read October 20, 2026: class definition by state, allegations and denial, state fund amounts, estimated payments, November 4, 2024 claim deadline, November 21, 2024 final approval hearing, administrator contact details
- Source: Portland Business Journal, “ZoomInfo settles class action investor lawsuit,” October 19, 2026 — could not be read (access blocked); nothing in this article relies on it
Journalists: these figures are free to cite with attribution to Settlement Insight. Custom data pulls: press@settlementinsight.com.