ZoomInfo Technologies Inc.
ZI
Information Technology
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
ZoomInfo Technologies commercialized individuals' names, professional identities, work histories, job titles, business addresses, and partial contact information without consent to advertise and sell subscriptions to its database platform. A class action filed under state right-of-publicity laws in California, Illinois, Indiana, and Nevada resulted in a $29.55 million settlement approved by the court in November 2024. The California class received $14.2 million, the Illinois class $11.7 million, Indiana $2.3 million, and Nevada $1.3 million. Under the settlement terms, ZoomInfo is prohibited from using any class member's identity to advertise its products going forward. The business model of harvesting and monetizing personal professional data without consent represents a systematic privacy violation at commercial scale.
Research Sources
1 organization
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.