#United States #New York #Class Action #Gross Law Firm #Zeta Global

Class Action Alert: Zeta Global Holdings Corp.

The Gross Law Firm has recently announced a call to action for shareholders of Zeta Global Holdings Corp. (NYSE: ZETA). This initiative comes as part of a class action lawsuit that pertains to various allegations against the company, primarily concerning questionable business practices during a specific time frame.

Details of the Class Action

The designated class period runs from February 27, 2024, to November 13, 2024. During this period, the firm claims that Zeta Global engaged in several actions which led to the artificial inflation of its financial results. The allegations detail the company's use of dubious two-way contracts and round-trip transactions aimed at skewing financial data. Additionally, it is argued that Zeta may have employed predatory consent farms for user data collection, a method that significantly contributed to the company’s reported growth during this time.

What Does This Mean for Shareholders?

Shareholders who acquired Zeta shares within the specified timeframe are encouraged to reach out to The Gross Law Firm for potential lead plaintiff appointments. Being appointed as a lead plaintiff is not a prerequisite to participate in any recovery process.

Key Allegations:

1. Manipulative Contracts: Zeta is accused of utilizing two-way contracts to inflate its financial statements unlawfully.
2. Round Trip Transactions: The firm allegedly engaged in transactions designed to create an illusion of strong performance by effectively reversing the entries.
3. Misleading Statements: Positive portrayals of Zeta's operational health supposedly lacked a reasonable basis and misled investors.
4. Data Collection Practices: The use of predatory consent farms for gathering user data has been pointed out as a major growth driver for the company, raising ethical questions about their practices.

Deadlines to Remember

Shareholders must act before the January 21, 2025 deadline, which is critical to ensure participation in this legal action. By registering, shareholders will have access to updates and monitoring software that tracks the case's progression.

Why Choose The Gross Law Firm?

The Gross Law Firm specializes in class action lawsuits and is committed to protecting investors' rights. The firm focuses on ensuring that companies are held accountable for deceitful behavior and practices that harm shareholders. Their client-centric approach means that there is no initial cost or obligation to shareholders who decide to register and potentially partake in the suit.

Next Steps for Interested Shareholders

If you are a shareholder who purchased ZETA shares during the class period, now is the time to act. You can register your interest by accessing the submission link provided by The Gross Law Firm. This step is crucial for anyone looking to seek compensation for losses incurred.

For more details, or to take action, please contact:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Phone: (646) 453-8903
Email: [email protected]

Investors are urged not to delay their registration as deadlines approach swiftly. Your rights as a shareholder may be at stake, and securing legal representation could prove beneficial in these proceedings.