Zeta Global Holdings Investors Encouraged to Join Class Action for Compensation Claims

Alert for Zeta Global Holdings Investors

In a significant move, Levi & Korsinsky, LLP, a prominent law firm, has announced a class action lawsuit for shareholders of Zeta Global Holdings Corp. (NYSE: ZETA) who faced financial setbacks. The lawsuit specifically targets alleged fraudulent activities that occurred between February 27, 2024, and November 13, 2024.

What Does This Mean for Shareholders?

The class action seeks to recover losses stemming from alleged securities fraud that has deeply impacted investors. The core allegations revolve around Zeta's management practices, which have been accused of manipulating financial records and misrepresenting the company's true financial health. Investors who lost money during the specified period are encouraged to participate and possibly reclaim their losses.

Important Details About the Lawsuit

The complaint filed includes serious accusations against Zeta Global, highlighting several points:
1. Misleading Financial Practices: Zeta purportedly used two-way contracts to inflate its financial results artificially.
2. Round Trip Transactions: These transactions are alleged to have further contributed to misleading financial reporting.
3. Data Collection Issues: Zeta allegedly employed predatory consent farms to gather user data, which significantly supported the company’s growth metrics.
4. Overall Misrepresentation: The lawsuit highlights that positive statements made about the company’s business prospects were both misleading and lacked an appropriate grounding.

Next Steps for Affected Shareholders

For investors impacted by these alleged practices, time is of the essence. Those wishing to seek compensation have until January 21, 2025, to request appointment as lead plaintiff in the class action. It's crucial to understand that even if you don't take on this role, you may still be eligible to collect from any settlements without incurring any direct costs.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has a long-standing reputation for standing up for aggrieved shareholders. For over 20 years, the firm has secured substantial settlements for investors in similar cases. They have proven competence in handling complex securities litigation and boast a skilled team dedicated to supporting their clients through these challenging processes. Their consistent ranking among the top securities litigation firms further solidifies their credibility.

Conclusion

If you are a shareholder of Zeta Global Holdings Corp. and have experienced losses, it may be worth your time to investigate this class action lawsuit. To learn more about your options and how to join the case, you can reach out to Levi & Korsinsky directly by visiting their website or by contacting them via email at [email protected] or by phone at (212) 363-7500. Don’t miss the opportunity to potentially recover your losses and hold Zeta accountable for their alleged fraudulent actions.