Important Notice for Zeta Global Investors Amid Class Action Lawsuit Developments

Zeta Global Holdings Class Action Lawsuit Alert

Investors in Zeta Global Holdings Corp. (NYSE: ZETA) should take note of critical developments regarding a class action lawsuit concerning the company's financial disclosures. ClaimsFiler, a free service dedicated to informing shareholders, has announced an impending deadline for investors who believe they have incurred losses exceeding $100,000. They must submit their lead plaintiff applications by January 21, 2025. This class action lawsuit is currently pending in the United States District Court for the Southern District of New York.

The Details of the Lawsuit

The active case, Davoodi v. Zeta Global Holdings Corp., et al., under case number 24-cv-8961, alleges that Zeta Global and certain executives failed to disclose material information that could greatly affect the shareholders’ understanding of the company's financial health. Throughout the class period spanning from February 27, 2024, to November 13, 2024, the lawsuit claims that Zeta misrepresented its operational results and business practices, violating established federal securities laws.

The accusations include:
1. The use of two-way contracts aimed at artificially bolstering financial results.
2. Engagement in round-trip transactions that inflated the company’s financial performance.
3. Utilization of predatory consent farms to aggregate user data, which allegedly fueled the majority of Zeta’s growth.
4. Misleading shareholders with overly positive statements regarding business operations that were unfounded or lacked reasonable basis.

The ramifications of these allegations could be significant, affecting the company's reputation and stock price. Investors who purchased Zeta’s shares during the stated period are urged to examine their potential claims closely.

What Should Investors Do?

Affected shareholders should act swiftly. ClaimsFiler encourages those who qualify to visit their website at claimsfiler.com for more information or to register, which provides access to case details and updates on the litigation process. Additionally, there is a toll-free number available, 844-367-9658, for direct assistance from legal professionals associated with Kahn Swick & Foti, LLC, who are prepared to discuss potential legal options.

About ClaimsFiler

Founded to serve retail investors, ClaimsFiler aims to provide up-to-date information regarding securities class action settlements, helping shareholders recover their investments. Their platform allows investors to register for free to receive alerts on relevant securities cases, upload transaction data for personalized notifications, and facilitate inquiries into potential legal claims without any charge.

Shaun Taylor, a representative from ClaimsFiler, stated, "We hope to ensure that all affected investors feel empowered to seek justice and recover their losses in instances of corporate misconduct."

For more information and to explore assistance tailored to your situation, visit www.claimsfiler.com and take the necessary steps to safeguard your financial interests regarding Zeta Global Holdings Corp.