#United States #New York #Class Action #Gross Law Firm #Zeta Global

Zeta Global Holdings Corp. Faces a Class Action Lawsuit

The Gross Law Firm has announced significant news for investors in Zeta Global Holdings Corp. (NYSE: ZETA), as it prepares for a class action lawsuit with a looming deadline for claims. This action concerns shareholders who purchased Zeta's stock during a specific time frame and experienced potential losses due to the company’s alleged misleading business practices.

Details of the Lawsuit

Shareholders who acquired shares between February 27, 2024, and November 13, 2024, are encouraged to reach out to the Gross Law Firm for possible lead plaintiff appointment. Notably, participating as a lead plaintiff is not a prerequisite for pursuing recovery under this lawsuit. The primary allegations focus on claims that Zeta’s management issued materially deceptive statements and failed to disclose critical information regarding their business operations.

Key allegations include the following:
1. Inflation of Financial Results: Zeta allegedly utilized two-way contracts to artificially enhance its financial results;
2. Manipulative Trading Practices: The company reportedly engaged in round trip transactions to misrepresent profitability;
3. Gathering User Data: There are claims that Zeta employed predatory consent farms for user data collection, which significantly influenced its growth;
4. Misleading Investor Communication: Due to these actions, Zeta’s positive assertions regarding its business prospects were materially misleading and lacked substantiation.

Important Deadlines and Next Steps

All investors who purchased shares within the class period as listed above should move quickly to register for this class action. The registration deadline is set for January 21, 2025. Interested shareholders can submit their information at the designated link to secure their involvement.

Once registered, shareholders will be integrated into a monitoring portfolio, providing them status updates as the case progresses. It is vital for affected investors to register their claims without delay, ensuring their participation in any potential recovery of losses.

Why Choose Gross Law Firm?

The Gross Law Firm prides itself on being a reputable national class action law firm dedicated to safeguarding the rights of investors who have incurred losses due to fraudulent and deceptive business practices. The firm is committed to holding companies accountable for their actions and ensuring that they adhere to sound corporate ethics. Gross Law Firm seeks to achieve recovery for investors misled by false or omitted key information that artificially inflated stock values.

In conclusion, Zeta Global Holdings Corp.'s current legal challenges should serve as a cautionary tale. Investors are encouraged to be proactive in safeguarding their interests by staying informed about this class action lawsuit and potentially seeking legal recourse based on their financial experiences during the specified period.

For more detailed inquiries or to determine eligibility for this case, shareholders should contact Gross Law Firm directly via their provided email or phone number. Their office is located at 15 West 38th Street, 12th floor, New York, NY, 10018.

Stay updated and take the necessary steps to protect your investments.

This article is for informational purposes only and does not constitute legal advice.