Important Shareholder Notice
Zeta Global Holdings Corp., a prominent player in the tech industry, is currently facing a significant class action lawsuit. Investors who hold shares in the company during the specified time frame are highly encouraged to reach out to Levi & Korsinsky, LLP, a well-regarded law firm specializing in securities litigation.
Class Action Overview
This legal action pertains to allegations of securities fraud that occurred between February 27, 2024, and November 13, 2024. During this period, it is claimed that misleading information was disseminated, which adversely affected shareholders. The lawsuit seeks to remedy losses suffered by investors due to these alleged fraudulent activities.
Key Allegations
The primary points of contention in this class action suit involve several serious claims against Zeta Global Holdings. The lawsuit alleges that the company:
1. Engaged in two-way contracts that artificially inflated its financial results.
2. Conducted round-trip transactions to further inflate its financial reporting.
3. Utilized predatory consent farms to gather user data, leading to a deceptive portrayal of its business growth.
4. Misrepresented the health of its business operations, indicating that positive statements made by the company were misleading and lacked a reasonable basis.
These allegations suggest that the positive outlook promoted by Zeta may have been unsubstantiated, resulting in significant losses for investors who acted on this information.
Next Steps for Investors
Investors affected by this situation have until January 21, 2025, to take action by requesting to be appointed as lead plaintiff in the case. However, it is essential to note that participating in any recovery does not necessitate serving as the lead plaintiff. This class action provides an opportunity for investors to seek compensation without incurring any out-of-pocket costs or fees.
No Financial Risk to Participants
One of the appealing aspects of this class action is that shareholders can pursue their rights at no cost. Class members can potentially receive compensation for their losses without any obligation for legal fees upfront, making it an accessible option for those impacted.
Why Choose Levi & Korsinsky?
Levi & Korsinsky, LLP has established a strong reputation over the past 20 years for securing favorable outcomes for shareholders and handling complex securities cases. The firm has a proven track record, highlighted by its ranking among the top 50 securities litigation firms in the United States. With a dedicated team of more than 70 professionals, they are well-equipped to assist investors in this challenging situation.
Contact Information
For further details regarding the class action and how to participate, investors are advised to reach out directly to Joseph E. Levi, Esq. or Ed Korsinsky, Esq. via the following contact information:
- - Email: info@zlk.com
- - Phone: (212) 363-7500
- - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
Investors of Zeta Global Holdings Corp. should act swiftly to protect their rights and ensure they are considered in any potential recovery from this lawsuit.