#USA #Los Angeles #Zeta Global #securities lawsuit #DJS Law Group

Class Action Lawsuit Against Zeta Global Holdings Corp

On January 20, 2025, the DJS Law Group announced a significant class action lawsuit against Zeta Global Holdings Corp, listed on NYSE under the ticker symbol ZETA. The lawsuit is a direct response to allegations that the company engaged in fraudulent activities which violate federal securities laws, particularly Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as SEC's Rule 10b-5.

Background of the Lawsuit

The lawsuit contends that Zeta Global artificially inflated its financial performance using an array of deceitful practices. Specifically, the complaint alleges that the company manipulated its financial data through a scheme involving two-way contracts. This means they were conducting round-trip transactions, essentially buying and selling their own services to create an illusion of increased revenue without adding real value.

Furthermore, Zeta reportedly exploited predatory consent farms to amass user data, contributing to its misleading claims about growth. Such tactics not only misled investors but also potentially compromised user trust in the company’s operations.

Who Should Get Involved?

The DJS Law Group is urging shareholders who acquired Zeta shares during the designated class period to reach out for discussions on their rights and potential involvement in the lawsuit. Importantly, participating as a lead plaintiff is not a prerequisite for recovery. This ensures that a broader group of affected investors can consider their options without facing additional barriers.

DJS Law Group's Role

DJS Law Group specializes in advocating for investors, particularly in securities class actions and corporate governance disputes. Their commitment is to enhance investor returns by providing informed legal advice combined with proactive legal representation. The firm represents large institutional investors, including hedge funds and asset managers, focusing on securing valuable recoveries for their clients.

The firm emphasizes that they treat their clients' litigation claims with the utmost significance, making it a priority to achieve favorable outcomes. This approach not only enhances investor confidence but reinforces the accountability of corporations like Zeta Global.

Conclusion

As the legal proceedings unfold, there is a spotlight on Zeta Global's past practices and their impact on investor trust and market integrity. This case serves as a reminder of the vital role that regulatory agencies and legal entities play in maintaining fair market practices. Investors affected by these actions are encouraged to engage with legal experts and consider their rights under the ongoing class action lawsuit. For those who believe they might have a claim, reaching out to the DJS Law Group could provide the necessary guidance going forward.

To summarize, this situation is not just about individual losses; it’s about preserving the integrity of the financial markets. As always, investors should remain vigilant and informed about their rights and the actions taking place in the corporate world.