#USA #Kessler Topaz #Securities Fraud #Radnor #Zeta Global

Investor Alert on Zeta Global Holdings Corp. Class Action

A significant investor alert has emerged regarding Zeta Global Holdings Corp. as the law firm Kessler Topaz Meltzer & Check, LLP is calling on those who faced losses during a specific period to come forward. This alert comes in light of a recently filed securities class action lawsuit targeting Zeta, as the firm aims to protect the rights of affected investors.

The class action lawsuit pertains to individuals or entities that purchased or acquired Zeta securities between February 27, 2024, and November 13, 2024. Those investors are urged to participate in the legal proceedings, especially with the approaching lead plaintiff deadline of January 21, 2025. The law firm is acting on behalf of these investors, representing the best interests of the class in pursuit of justice and potential compensation.

Allegations Against Zeta Global Holdings

The allegations against Zeta are serious and include assertions that the company misled investors by providing materially false statements about its financial health and operational status. Several key allegations described in the complaint suggest that Zeta engaged in practices that artificially inflated its financial results:
1. Two-Way Contracts: Zeta is accused of using two-way contracts aimed at enhancing their financial statements inaccurately.
2. Round Trip Transactions: Additionally, Zeta allegedly participated in round-trip transactions, further manipulating their reported figures.
3. Predatory Data Collection: The lawsuit mentions that Zeta utilized predatory consent farms to collect user data that significantly contributed to their overall growth. Such practices have raised ethical concerns regarding how the firm has capitalized on user consent.

These actions reportedly came to light during the class period, suggesting that the information provided to investors failed to touch upon the underlying issues affecting the company's operations and growth potential. Given the misleading nature of the statements made by the defendants, many investors may find that their investments were compromised, leading to financial losses.

Steps for Affected Investors

Investors who believe they have been affected are encouraged to seek more information and consider joining the class action lawsuit. Those interested in becoming a lead plaintiff must submit their applications before the deadline, recognizing the role expected of a lead plaintiff. This individual will represent the class, directing the litigation efforts, and can significantly influence the proceedings based on their financial stakes in Zeta.

To facilitate communication, Kessler Topaz Meltzer & Check, LLP has provided various means for investors to reach out, including direct contact with attorney Jonathan Naji. Potential plaintiffs can inquire via phone or email, or explore their website for further details about the ongoing case.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is recognized for prosecuting securities class actions across the United States. Their team boasts a strong track record of success and is dedicated to fighting against fraud and misconduct in corporate environments. The firm’s commitment to protecting investors’ interests has established them as a reputable name in the field of securities law.

For those investors who may have experienced losses due to Zeta’s alleged actions, it is critical to act swiftly. Joining the class action can ensure a collective approach in seeking compensation and discouraging corporate misbehavior. As more details unfold, affected investors are advised to stay informed and consider the legal avenues available to them.