Investors Urged to Act – Zeta Global Class Action Deadline Approaches for Shareholders

Zeta Global Shareholder Alert: Deadline Approaching for Class Action

As the landscape for securities class actions evolves, Zeta Global Holdings Corp. shareholders have been reminded of the critical deadline approaching in a class action lawsuit. ClaimsFiler, a free service dedicated to aiding shareholders, highlights the urgency for those who suffered losses exceeding $100,000 during the Class Period from February 27, 2024, to November 13, 2024. Investors must act by January 21, 2025, to file their lead plaintiff applications in court.

Understanding the Class Action Lawsuit

The investors taking action against Zeta Global are doing so under allegations that the company's executives failed to disclose essential material information crucial to their shareholders. The case is currently pending in the United States District Court for the Southern District of New York and is officially named Davoodi v. Zeta Global Holdings Corp., et al., No. 24-cv-8961.

Within this lawsuit, a series of serious allegations are leveled against Zeta Global, including claims of using misleading practices to embellish financial results. Investors assert that Zeta Global employed two-way contracts aimed at artificially inflating its financial presentations to shareholders, engaged in round trip transactions, and relied on dubious consent farms to gather user data. Such methods led to significant questions about the integrity of the company’s reported growth and financial health.

Furthermore, it's alleged that the positive assertions from the company regarding its business practices, operational effectiveness, and future prospects were misleading, lacking a reasonable basis, and violated federal securities laws. The ramifications of these claims could involve significant repercussions for the company and its executives, should the allegations hold up in court.

Steps for Shareholders

Investors affected by these alleged practices should visit Claimsfiler's dedicated page for detailed instructions on how to participate in the legal proceedings. As a free resource, ClaimsFiler aims to help shareholders recover their portion of billions of dollars tied to settlements in securities class actions. Through their platform, investors can register without charge, gain access to useful information, and monitor relevant cases.

In addition to its informative website, ClaimsFiler offers a toll-free number, (844) 367-9658, where affected investors can seek legal guidance from the experienced attorneys at Kahn Swick & Foti, LLC. They are available for discussions about individual legal options available to shareholders concerned about their investments in Zeta Global.

Conclusion

The stakes are vastly high for Zeta Global shareholders as the deadline looms to join the class action lawsuit against the corporation and its leadership. Those who wish to have their voices heard in court regarding the allegations of securities law violations should take prompt action. By working through ClaimsFiler, investors can protect their rights and potentially recoup some losses as they navigate through these legal waters. Time is of the essence, and the deadline for filing applications as lead plaintiffs rapidly approaches.