Shareholders of Zeta Global Holdings Corp. Encouraged to Join Class Action Before 2025 Deadline

Zeta Global Holdings Corporation Faces Class Action Lawsuit

As we approach the end of 2024, shareholders of Zeta Global Holdings Corp. (NYSE: ZETA) are urged to consider joining a class action lawsuit against the company. This pressing legal issue arises out of a series of allegations against the firm, which suggest severe mismanagement and potential fraud that may have impacted shareholders significantly.

Key Allegations

The complaint outlines five central allegations against Zeta Global that have raised concerns within the investment community:
1. Misleading Financial Statements: It is claimed that Zeta employed two-way contracts to artificially enhance their financial results, providing a distorted view of their performance.
2. Round Trip Transactions: The company allegedly engaged in round trip transactions to further inflate reported revenues, misleading investors about its growth prospects.
3. Predatory Data Collection: There are accusations that Zeta utilized predatory consent farms to gather user data inconsistently, raising ethical concerns over its data practices.
4. Dependence on Consent Farms: The growth of Zeta is said to heavily rely on these consent farms, a practice that contributes to the majority of its expansion.
5. Misleading Statements: As a result of the above practices, Zeta's positive assertions regarding its business operations and future were found to be materially misleading.

These allegations bring to light serious questions about the integrity of Zeta's financial disclosures and its overall business ethics, warranting the ongoing legal scrutiny.

Important Deadlines for Shareholders

Shareholders who purchased stock in Zeta within the specified period of February 27, 2024, to November 13, 2024, are encouraged to contact The Gross Law Firm. The deadline for becoming a lead plaintiff in this case is set for January 21, 2025. Prospective participants do not need to be appointed lead plaintiff to be eligible for recovery, which incentivizes broader participation among shareholders.

Upon registering with The Gross Law Firm, involved shareholders will have access to a portfolio monitoring service to track the case's developments. This initiative aims to keep Johnson’s investors informed and engaged as the legal battle progresses.

Choosing the Right Legal Representation

The Gross Law Firm has established itself as a nationally recognized entity in handling class action lawsuits, particularly in the realm of investor protection. The firm aims to ensure that companies are held accountable for their actions and that investors who have suffered losses due to deceitful practices have a pathway to recovery. They are committed to representing the rights of the shareholders vigorously and are currently taking inquiries from affected investors.

Conclusion

This class action against Zeta Global Holdings Corp. exemplifies the increasing importance of corporate accountability and transparency in the financial markets. Shareholders are highly encouraged to evaluate their options and consider registering within the stipulated timeline to ensure their rights are protected. Everyone involved in Zeta's financial ecosystem, from individual investors to institutional stakeholders, should stay abreast of the developments as the situation unfolds in the forthcoming months.