#United States #New York #Zeta Global Holdings #class action lawsuit #Pomerantz Law Firm

Pomerantz Law Firm Issues Class Action Alert for Zeta Global Holdings Investors

In a significant legal update, Pomerantz LLP has launched a class action lawsuit against Zeta Global Holdings Corp. (NYSE: ZETA). This alert is particularly aimed at shareholders who believe they have incurred losses during their investment with the company.

Action Required for Affected Shareholders

Investors are advised to contact Pomerantz's point of contact, Danielle Peyton, at the provided email or toll-free number, to register their interest in joining the lawsuit. To streamline this process, it is recommended that potential class members include pertinent details such as their mailing address, phone number, and the number of Zeta shares they purchased.

Allegations of Securities Fraud

Central to this class action are allegations that Zeta and certain figures within the company have participated in fraudulent activities and unethical business practices. The accusations arose from a report published by Culper Research on November 13, 2024, which called into question the integrity of Zeta's financial reporting and data collection methods.

Culper Research claims that Zeta's revenue figures may be artificially inflated due to two main practices: First, it was alleged that Zeta has established 'two-way' contracts with third-party consent farms, acting as both supplier and buyer of consumer data. This practice potentially leads to what's termed