Zeta Global Holdings Corp. Class Action Opportunity
The Schall Law Firm is reaching out to investors regarding a potential class action lawsuit against Zeta Global Holdings Corp. (NYSE: ZETA) for alleged violations of the Securities Exchange Act of 1934. This legal action concerns misleading statements made to the market that could significantly impact investors who purchased Zeta's securities during a specific class period.
Overview of Allegations
According to the lawsuit, which covers the period from February 27, 2024, to November 13, 2024, Zeta is accused of engaging in deceptive practices that inflated its financial performance. The firm asserts that Zeta employed two-way contracts, manipulated financial results through round trip transactions, and relied on dubious data collection practices to create an illusion of growth.
Misleading Statements and Their Impact
Details from the complaint reveal that Zeta's public statements during the class period were not just overly optimistic; they were fundamentally misleading. By using fraudulent methods to report its performance, the company obscured the reality of its business practices. As a result, when the truth eventually surfaced, investors were left facing significant losses. This situation highlights not only the risks associated with investing in shares of companies that may not fully disclose pertinent information but also the importance of shareholder protection practices.
Who Should Join the Lawsuit?
Investors who acquired Zeta Global's securities between the stated dates and experienced financial losses are encouraged to come forward. By joining the lawsuit, investors may have a chance to recover their losses through the class action's proceedings. The Schall Law Firm offers complimentary consultations to discuss individual rights and potential representation. Shareholders have until January 21, 2025, to make their move.
How to Participate
For those interested in participating in this class action lawsuit, reaching out to Brian Schall of the Schall Law Firm is recommended. He can be contacted directly at:
- - Address: 2049 Century Park East, Suite 2460, Los Angeles, CA 90067
- - Phone: 310-301-3335
- - Website: Schall Law Firm
- - Email: [email protected]
Potential participants should act quickly, as the class has yet to be certified. Until certification occurs, individuals are not officially represented. Those who choose not to participate will be viewed as absent class members, meaning they will not be involved in any recovery efforts.
Conclusion
Zeta Global Holdings Corp.'s alleged misconduct emphasizes the necessity for transparency and accountability in corporate practices. Investors considering joining this class action have not only the chance to reclaim their losses but also to hold corporations accountable for any wrongdoing in the financial markets. The Schall Law Firm is committed to representing shareholders and advocating for their rights amidst deceptive practices in the investment landscape. For more information or to get involved, interested parties are encouraged to make contact promptly.