Investors of Zeta Global Holdings Corp. Urged to Join Class Action Lawsuit by Levi & Korsinsky
Investors Alert: Zeta Global Holdings Corp. Class Action Lawsuit
Levi & Korsinsky, LLP is reaching out to investors of Zeta Global Holdings Corp. (NYSE: ZETA) regarding an important class action lawsuit. If you are an investor who has sustained financial losses due to alleged securities fraud, you may have an opportunity to seek restitution
Overview of the Situation
Zeta Global Holdings Corp. is currently facing a class action lawsuit aimed at recovering losses for investors affected by its alleged fraudulent activities. The lawsuit highlights a timeline between February 27, 2024, and November 13, 2024, during which Zeta's actions are said to have violated securities laws. The firm urges investors who experienced losses during this period to consider joining the class action lawsuit by submitting their request to be appointed as lead plaintiff by the cut-off date of January 21, 2025.
Details of the Allegations
The main accusations against Zeta Global Holdings Corp. include:
1. False Statements: The lawsuit claims that Zeta made misleading statements regarding its financial health and operational integrity.
2. Artificial Projections: Allegations indicate that the company engaged in two-way contracts and round-trip transactions to artificially boost financial results. This might have created a deceptive picture of the company’s growth and stability.
3. Data Collection Practices: Zeta is accused of employing predatory consent farms to gather user data, a practice reportedly responsible for much of the company’s growth. These consent farms are said to lack ethical practices, further casting doubt on the company’s operations.
4. Misleading Information: As a consequence of these actions, the public perception of Zeta’s business prospects and operations may have been significantly skewed and not reflective of the reality.
Importance of the Lawsuit
Joining a class action lawsuit can be a crucial step for investors seeking compensation for losses incurred. Participants in this action will not need to bear any direct costs, as class members are typically eligible for potential compensation without out-of-pocket expenses.
Levi & Korsinsky is prepared to represent investors vigorously. With a long-standing history of successful litigation in complex securities class actions, they’re equipped to address potential claims effectively. This year marks the seventh consecutive time that they have been recognized as one of the top securities litigation firms in the United States, a testament to their dedication and efficacy in the field.
Next Steps for Investors
If you suffered losses as a result of trading Zeta Global Holdings Corp. stocks during the applicable period, contact Levy & Korsinsky's legal team. You can reach out via email or telephone—details are listed below.
For further assistance, you can also fill out a contact form on their website to learn more about the class action and your eligibility to participate.
Conclusion
This lawsuit is an important reminder to investors about the necessity of due diligence and the potential impacts of corporate misconduct. Investors are encouraged to remain vigilant and informed about the companies they invest in, and in this case, to consider taking action on their behalf.
For more information, reach out to:
Joseph E. Levi, Esq.
Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500
Your participation in this class action could pave the way for justice and recovery of your investments.