#USA #New York #Securities Fraud #Rosen Law Firm #Zeta Global

Zeta Global Holdings Corp. Securities Fraud Lawsuit

In a recent development, the Rosen Law Firm, a prominent entity advocating for investor rights, has announced the initiation of a class action lawsuit concerning Zeta Global Holdings Corp. (NYSE: ZETA). This legal proceeding targets those who purchased Zeta's securities between February 27, 2024, and November 13, 2024, marking a significant moment for investors seeking justice.

Why This Lawsuit Matters

The crux of the lawsuit lies in allegations that Zeta Global’s executives engaged in misconduct by providing false or misleading statements that artificially inflated the company’s financial results. The firm claims that during the defined period, Zeta utilized questionable practices—including two-way contracts and round-trip transactions—to present an inflated image of financial health. Moreover, the lawsuit highlights the alleged use of predatory consent farms to gather user data, suggesting that these tactics were pivotal for Zeta's reported growth.

With the market dynamics rapidly evolving, it’s paramount for investors to understand the gravity of their situation. Individuals who invested in Zeta securities while the alleged misconduct occurred may have grounds for claiming damages. Notably, those looking to join the class action must act promptly, with a critical deadline set for January 21, 2025, to serve as a lead plaintiff, which is essential for representing the interests of all class members in the case.

What Investors Should Do

For those interested in joining this class action lawsuit or seeking further information, the Rosen Law Firm provides a variety of resources. Prospective participants can visit their dedicated webpage or directly contact Phillip Kim, Esq. at the firm, either through phone or email. Importantly, joining the class action is a straightforward process, with no upfront costs, as the Rosen Law Firm operates on a contingency fee basis, meaning fees are only incurred if successful.

Rosen Law Firm’s Background

The Rosen Law Firm isn’t new to handling securities class action lawsuits. With a solid track record, they have achieved notable settlements, including a previous record against a Chinese company. Moreover, their consistent ranking among the top firms in terms of the number of successful securities class action settlements speaks volumes. They have been recognized for recovering substantial sums for investors, as highlighted by over $438 million secured in 2019 alone.

With founding partner Laurence Rosen’s acknowledgment as a titan in the Plaintiffs' Bar and many attorneys from the firm honored by platforms like Lawdragon and Super Lawyers, potential class action members can be reassured of Rosen Law’s commitment and experience.

Allegations at a Glance

According to the lawsuit details, Zeta Global is accused of:
1. Using deceptive contracts to boost reported financial performance.
2. Engaging in round-trip transactions that misrepresented revenue.
3. Running predatory consent farms to mine user data without proper disclosure.
4. Presenting misleading statements concerning their business operations, which directly impacted investor confidence and decision-making.

The legal implications of these allegations could lead to significant changes within Zeta Global Holdings and serve as a warning to other companies regarding transparency and ethics in reporting.

Conclusion

For Zeta Global investors, this lawsuit represents an opportunity to seek recourse for any potential losses incurred during an unfortunate period for the company. It’s crucial to stay informed and take timely action. Investors need to actively consider joining this lawsuit to ensure their rights are preserved in the face of corporate malpractice. The Rosen Law Firm is equipped and ready to champion the cause of those impacted by these allegations, reinforcing the importance of holding corporations accountable for their actions.