#United States #New York #Class Action #Zeta Global #ClaimsFiler

Zeta Global Shareholder Alert: Class Action Lawsuit

Investors in Zeta Global Holdings Corp. are urged to pay attention to an important update from ClaimsFiler, a shareholder information service that provides guidance on legal claims. Those who have incurred losses exceeding $100,000 are reminded that they have until January 21, 2025 to file their applications as lead plaintiffs in a securities class action lawsuit against the company. This lawsuit is focused on allegations of misleading financial practices by Zeta Global.

Overview of the Case

The lawsuit, filed in the United States District Court for the Southern District of New York, stems from actions that reportedly took place between February 27, 2024, and November 13, 2024. Investors who purchased Zeta Global's securities during this period may qualify to participate in the class action plaintiffs.

Zeta and its executives are facing serious allegations for violating federal securities laws by not disclosing material information during the class period. Specifically, the claims suggest that the company engaged in practices that artificially inflated its financial results. These include the use of two-way contracts and round-trip transactions, which allegedly manipulated the financial metrics used to present the company's growth to investors.

Furthermore, it has been reported that Zeta leveraged predatory consent farms to harvest user data, a tactic that reportedly spurred significant growth for the company. This has led to a series of positive but ultimately misleading statements about the company's performance and future prospects.

Legal Representation

Investors affected by this situation are encouraged to consult with legal experts to navigate their options. ClaimsFiler highlights the availability of Kahn Swick & Foti, LLC, a legal firm capable of providing free case evaluations to those who wish to understand their standing in this class action.

The Mission of ClaimsFiler

ClaimsFiler aims to aid retail investors in recovering amounts from class action settlements. The platform allows investors to register for free and gain access to critical information regarding various securities cases. Users can also upload their transaction data to receive notifications about cases relevant to their investments, ensuring that they don’t miss opportunities to reclaim their losses.

For timing and submission of claims, interested parties can visit ClaimsFiler's official page regarding this specific class action lawsuit here or contact them toll-free for assistance.

In conclusion, Zeta Global investors with substantial losses have a limited window to act. The upcoming deadline on January 21, 2025, presents a critical opportunity for shareholders to participate in seeking justice and recovering their investments in light of the substantiated allegations against the company.