Former Louisiana Attorney General Issues Zeta Global Shareholder Alert for Class Action Lawsuit Filings
Shareholder Alert: Zeta Global
On January 3, 2025, Kahn Swick & Foti, LLC (KSF) and its partner, former Louisiana Attorney General, Charles C. Foti, Jr., issued an important reminder for investors who have incurred losses exceeding $100,000 from their investments in Zeta Global Holdings Corp. (NYSE: ZETA). Investors that acquired shares during the designated timeframe—between February 27, 2024, and November 13, 2024—are urged to act swiftly, as they have until January 21, 2025, to file for lead plaintiff status in a class action lawsuit against the company.
Understanding the Lawsuit
The class action suit is currently being pursued in the United States District Court for the Southern District of New York. The lawsuit claims that Zeta Global and some of its executives failed to disclose critical information, violating federal securities laws during the noted period. The allegations against the company include:
1. Utilization of two-way contracts to misleadingly inflate financial results.
2. Engagement in round trip transactions with the same intent.
3. Exploitation of predatory consent farms to gather user data, contributing significantly to Zeta's growth.
As a result, investors may argue that positive statements about Zeta's operations and future prospects were fundamentally deceptive and not based on a sound foundation.
How to Participate
For anyone who purchased Zeta Global securities and wishes to learn more about their legal options or discuss how this lawsuit could impact their investment, KSF offers a chance for free consultations. Interested parties can reach out to KSF Managing Partner Lewis Kahn via telephone at 1-877-515-1850, or they may send an email inquiry to [email protected]. Those eager to assume a role as lead plaintiff must petition the court by the established deadline of January 21, 2025.
About Kahn Swick & Foti, LLC
KSF is recognized as one of the top boutique law firms in the securities litigation sector. Alongside former Attorney General Charles Foti, KSF specializes in recovering losses for a diverse clientele that includes institutional investors, hedge funds, and retail investors. With offices spanning across New York, Delaware, California, Louisiana, Chicago, and New Jersey, KSF is equipped to handle complex securities cases nationwide. To gain a broader understanding of KSF’s services or to inquire about this case, you can visit their website at www.ksfcounsel.com.
This is a pivotal moment for Zeta Global investors. Remaining informed and proactive in the early stages of this legal process is essential for seeking any potential recovery from the alleged misconduct. Take action now to protect your rights as an investor and to potentially reclaim lost investments.