Zeta Global Holdings Faces Class Action Lawsuit: Key Information for Investors
In recent developments, Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued a notable alert concerning Zeta Global Holdings Corp., a public company listed on the NYSE under the ticker ZETA. Investors who have sustained financial losses exceeding $100,000 from the company's securities are being urged to pay close attention to their legal rights as a class action lawsuit unfolds.
The critical deadline for investors to apply as lead plaintiffs in the ongoing lawsuit is January 21, 2025. Those who acquired Zeta's securities between February 27, 2024, and November 13, 2024, belong to the designated class and may be entitled to seek recovery for their economic losses. Legal representatives from KSF are available for consultation to discuss potential avenues for compensation without any financial obligation. Interested individuals can reach out to KSF Managing Partner Lewis Kahn at 1-877-515-1850 or email him directly at [email protected] More information can also be found on KSF's dedicated page for this case at https://www.ksfcounsel.com/cases/nyse-zeta/.
This legal action revolves around allegations against Zeta Global and some of its high-ranking executives for failing to release crucial information pertaining to the company's financial practices during the aforementioned class period. The lawsuit accuses the company of violating federal securities laws by making misleading statements and omitting vital details that could impact investor decisions.
Key accusations against Zeta include:
1. Utilizing two-way contracts to deceptively inflate financial reports.
2. Involvement in round-trip transactions that similarly distorted financial outcomes.
3. Leveraging predatory consent farms to amass user data, contributing significantly to the company's growth, yet not disclosing this information to investors.
4. Presenting misleading statements that gave a favorable yet inaccurate portrayal of Zeta's business health and prospects.
Overall, the lawsuit underscores the crucial responsibilities that publicly-traded companies have toward their investors, particularly in terms of transparency and honesty about their financial states. The case is officially registered as Davoodi v. Zeta Global Holdings Corp., et al., and is being considered in the Southern District of New York.
Kahn Swick & Foti, LLC is recognized as one of the premier boutique law firms specializing in securities litigation. With offices situated across various states, including New York, Louisiana, and California, KSF represents a broad spectrum of clients, from institutional investors to retail shareholders. The firm is committed to pursuing recoveries for those clients impacted by corporate fraud or other forms of malfeasance among publicly traded entities.
For additional details about KSF and their ongoing legal efforts, visit their website at www.ksfcounsel.com. This lawsuit highlights a significant moment for investors affected by Zeta Global Holdings and reinforces the importance of seeking proper legal guidance in the event of substantial financial losses.
Urgent Action Required
The critical deadline for investors to apply as lead plaintiffs in the ongoing lawsuit is January 21, 2025. Those who acquired Zeta's securities between February 27, 2024, and November 13, 2024, belong to the designated class and may be entitled to seek recovery for their economic losses. Legal representatives from KSF are available for consultation to discuss potential avenues for compensation without any financial obligation. Interested individuals can reach out to KSF Managing Partner Lewis Kahn at 1-877-515-1850 or email him directly at [email protected] More information can also be found on KSF's dedicated page for this case at https://www.ksfcounsel.com/cases/nyse-zeta/.
Background of the Case
This legal action revolves around allegations against Zeta Global and some of its high-ranking executives for failing to release crucial information pertaining to the company's financial practices during the aforementioned class period. The lawsuit accuses the company of violating federal securities laws by making misleading statements and omitting vital details that could impact investor decisions.
Key accusations against Zeta include:
1. Utilizing two-way contracts to deceptively inflate financial reports.
2. Involvement in round-trip transactions that similarly distorted financial outcomes.
3. Leveraging predatory consent farms to amass user data, contributing significantly to the company's growth, yet not disclosing this information to investors.
4. Presenting misleading statements that gave a favorable yet inaccurate portrayal of Zeta's business health and prospects.
Overall, the lawsuit underscores the crucial responsibilities that publicly-traded companies have toward their investors, particularly in terms of transparency and honesty about their financial states. The case is officially registered as Davoodi v. Zeta Global Holdings Corp., et al., and is being considered in the Southern District of New York.
About Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC is recognized as one of the premier boutique law firms specializing in securities litigation. With offices situated across various states, including New York, Louisiana, and California, KSF represents a broad spectrum of clients, from institutional investors to retail shareholders. The firm is committed to pursuing recoveries for those clients impacted by corporate fraud or other forms of malfeasance among publicly traded entities.
For additional details about KSF and their ongoing legal efforts, visit their website at www.ksfcounsel.com. This lawsuit highlights a significant moment for investors affected by Zeta Global Holdings and reinforces the importance of seeking proper legal guidance in the event of substantial financial losses.
Topics Financial Services & Investing）
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