#Gross Law Firm #Zeta Global #Securities Class Action

Understanding the Class Action Lawsuit against Zeta Global Holdings Corp.

The Gross Law Firm has recently made headlines by announcing a class action lawsuit on behalf of shareholders of Zeta Global Holdings Corp. (NYSE: ZETA), an event that has caught the attention of many within the investment community. This lawsuit comes in response to serious allegations against the company, convincing shareholders to come forth and participate, especially those who bought shares during the specific class period defined in the complaint.

Background of the Case

The period under consideration for this lawsuit spans from February 27, 2024, to November 13, 2024. During this time, the legal complaint highlights numerous claims of misconduct by Zeta Global. The allegations include the issuance of materially false statements and an undisclosed reliance on unethical practices to artificially boost financial results.

Among the most concerning revelations is the accusation that Zeta employed two-way contracts and round-trip transactions, undermining the integrity of their financial reporting. Such practices, as noted, inflated Zeta's financial standing and have led many investors to believe the company was performing better than it actually was. In fact, the lawsuit points out that a significant portion of the company’s growth derived from what has been labelled as