Investors in Zeta Global Holdings Corp. Sue Over Alleged Securities Misconduct

Zeta Global Holdings Corp. Faces Class Action Lawsuit

Zeta Global Holdings Corp. is currently embroiled in a legal battle following allegations of securities fraud. Investors in the company have been notified by the law firm Levi & Korsinsky, LLP about a class-action lawsuit aimed at recovering losses incurred by shareholders. This lawsuit pertains specifically to events occurring between February 27, 2024, and November 13, 2024, during which numerous assertions about the company’s financial integrity have come into question.

Allegations Against Zeta Global

The core of the lawsuit alleges that Zeta Global employed several deceptive practices that artificially bolstered its financial appearances. Among the claims are that Zeta used two-way contracts, engaged in round-trip transactions, and relied on predatory consent farms to harvest user data. These consent farms, according to the allegations, have significantly contributed to Zeta’s growth.

These violate basic securities laws, as these claims paint a picture of systematic illegality, where the company allegedly provided materially misleading statements about its operations and prospects. The lawsuit argues that Zeta had deliberately misled the market, which negatively impacted investor confidence.

Next Steps for Investors

Investors affected by these actions have until January 21, 2025, to make their voices heard and can request to be appointed as lead plaintiff in the class action. Importantly, participation does not require being lead plaintiff, and investors can pursue compensation without incurring out-of-pocket costs for legal fees.

Levi & Korsinsky has a storied reputation over the past two decades for successfully representing investors in securities litigation, securing substantial settlements in similar cases. They emphasize that past clients have benefited without facing financial burdens, which could add peace of mind for those considering joining the class action.

How to Get Involved

Affected parties can visit the specific link provided by Levi & Korsinsky to learn more about the litigation and submit their information for potential involvement. Additionally, interested investors can reach out directly via email or phone to consult with Joseph E. Levi, Esq., one of the leading attorneys for this case.

For more information, head to the Levi & Korsinsky website, or contact their office directly in New York.

Conclusion

The unfolding situation with Zeta Global Holdings presents a critical moment for many investors. Given the seriousness of the allegations and the potential for financial restitution, those impacted are encouraged to act promptly. Legal experts from Levi & Korsinsky stand ready to assist affected investors in securing the compensation they deserve. As the deadline approaches, swift actions on behalf of investors may lead to a more favorable resolution in this ongoing legal battle.