Investors in Zeta Global Holdings Corp. Prepare for Securities Fraud Class Action Lawsuit

Overview of the Situation

Zeta Global Holdings Corp., a prominent player in data-driven marketing, is currently facing significant legal challenges. The Rosen Law Firm, a well-known global investor rights law firm, has initiated a class action lawsuit against Zeta Global for allegedly engaging in misleading financial practices. Investors who purchased securities from Zeta between February 27 and November 13, 2024, may want to consider their options as the deadline to become involved in the class action is set for January 21, 2025.

Legal Implications for Investors

For those who purchased Zeta securities during the specified class period, there is potential for recovery of damages sustained. This lawsuit offers an avenue for you to seek compensation without incurring out-of-pocket expenses, given that the Rosen Law Firm operates on a contingency fee basis. Under this arrangement, legal fees are paid only if the lawsuit is successful.

How to Get Involved

Joining the class action is straightforward. Interested individuals can visit Rosen Legal's submission page for more information or can contact Phillip Kim, Esq. at 866-767-3653. It's vital for those looking to be lead plaintiffs to file with the court by the deadline. Acting as a lead plaintiff allows investors to represent the interests of other shareholders and guide the litigation process.

Qualifications of Rosen Law Firm

Rosen Law Firm emphasizes the importance of selecting a qualified legal counsel with a history of success in securities litigation. Notably, the firm has achieved the largest settlement in a securities class action against a Chinese company and has consistently ranked among the top firms for recovering funds for investors over the years. Their expertise parallels a robust track record in these complex cases, which is critical for potential plaintiffs to consider.

Allegations Against Zeta Global

The core of the lawsuit focuses on serious allegations against Zeta Global, including the use of deceptive contractual agreements designed to inflate financial results. Specifically, it is claimed that the company engaged in round-trip transactions that misrepresented their financial health. Additionally, Zeta is accused of employing predatory practices involving consent farms to collect user data, driving their growth in a seemingly unethical manner. These misleading actions and failures to disclose critical information have led to significant investor losses, raising concerns about the integrity of their business practices.

Next Steps for Investors

Investors impacted by these allegations should act promptly to understand their options. It's essential to note that no class has been certified at this point, meaning that those wishing to participate must retain counsel to be officially represented. Thus, while maintaining the option to remain an absent class member, taking action could be beneficial for a potential recovery.

Staying Informed

For ongoing updates, investors are encouraged to follow the Rosen Law Firm on platforms such as LinkedIn and Twitter. Keeping an eye on developments will help investors make informed decisions regarding their involvement in this lawsuit.

Conclusion

The forthcoming class action lawsuit presents a critical opportunity for investors in Zeta Global Holdings Corp. to reclaim losses associated with the alleged fraudulent activities of the firm. As they prepare for this legal battle, understanding the process and securing competent representation will be key to navigating this challenging landscape.