Pomerantz Law Firm Alerts Zeta Global Holdings Shareholders of Class Action Lawsuit and Important Deadlines
On January 21, 2025, the Pomerantz Law Firm officially notified shareholders of Zeta Global Holdings Corp. regarding a class action lawsuit filed against the company on the New York Stock Exchange. Investors who have sustained losses in their investments in Zeta Global are advised to reach out to Danielle Peyton for more information about participating in the lawsuit. The importance of prompt communication is underscored due to critical upcoming deadlines.
This class action lawsuit pertains to allegations of securities fraud and other unlawful business activities conducted by Zeta and several executives or directors associated with the company. Individuals who purchased securities within the designated Class Period are encouraged to step forward and consider taking a lead role in this action. The deadline for filing such a request is swiftly approaching, set for January 21, 2025.
The impetus behind this legal action stems from a report released by Culper Research on November 13, 2024. This report raised grave concerns about Zeta's business practices, arguing that the integrity of their data collection and reported financial performance has been significantly compromised. According to the claims, Zeta allegedly engaged in questionable dealings, including establishing 'two-way' contracts with so-called consent farms. This arrangement purportedly allowed Zeta to present misleading revenue growth by acting as both a buyer and supplier of consumer data simultaneously.
Furthermore, the report indicated that a significant portion of Zeta's customer data is obtained from deceptive websites masquerading as legitimate job boards. These fraudulent sites mislead countless consumers into exposing their personal information under the pretense of applying for jobs. Such predatory practices have reportedly been the backbone of Zeta's operational success, primarily driving their growth and profitability.
As a direct consequence of the damaging assertions made in the Culper Research report, Zeta's stock price suffered an alarming drop of $10.46, which equates to a staggering 37.07%, closing at $17.76 per share. This indicates a strong reaction from the market in response to the allegations surrounding the validity of Zeta's business model and revenue claims.
Pomerantz LLP is recognized for its long-standing tradition of upholding the rights of investors against corporate misconduct. The firm, founded by renowned attorney Abraham L. Pomerantz, has specialized in securities class actions for over 85 years, successfully recovering billions of dollars on behalf of defrauded investors. They emphasize their commitment to helping victims of securities fraud seek justice and recovery for their financial losses.
If you are a shareholder of Zeta Global Holdings who has incurred losses, it is essential to act quickly. Connect with Pomerantz LLP through Danielle Peyton to understand your rights and options. You may reach her by email or phone, and if you choose to contact via email, providing your mailing address, phone number, and the number of shares you have purchased can facilitate a smoother process.
For more detailed information regarding this class action lawsuit or to access the complaint, you may check the official Pomerantz Law Firm website. Keep in mind that attorney advertising regulations apply; thus, past outcomes do not guarantee similar future results for investors. However, prompt action can significantly affect the outcome for those involved. Don't miss the opportunity to stand up against potential injustices in the investment landscape.
This class action lawsuit pertains to allegations of securities fraud and other unlawful business activities conducted by Zeta and several executives or directors associated with the company. Individuals who purchased securities within the designated Class Period are encouraged to step forward and consider taking a lead role in this action. The deadline for filing such a request is swiftly approaching, set for January 21, 2025.
The impetus behind this legal action stems from a report released by Culper Research on November 13, 2024. This report raised grave concerns about Zeta's business practices, arguing that the integrity of their data collection and reported financial performance has been significantly compromised. According to the claims, Zeta allegedly engaged in questionable dealings, including establishing 'two-way' contracts with so-called consent farms. This arrangement purportedly allowed Zeta to present misleading revenue growth by acting as both a buyer and supplier of consumer data simultaneously.
Furthermore, the report indicated that a significant portion of Zeta's customer data is obtained from deceptive websites masquerading as legitimate job boards. These fraudulent sites mislead countless consumers into exposing their personal information under the pretense of applying for jobs. Such predatory practices have reportedly been the backbone of Zeta's operational success, primarily driving their growth and profitability.
As a direct consequence of the damaging assertions made in the Culper Research report, Zeta's stock price suffered an alarming drop of $10.46, which equates to a staggering 37.07%, closing at $17.76 per share. This indicates a strong reaction from the market in response to the allegations surrounding the validity of Zeta's business model and revenue claims.
Pomerantz LLP is recognized for its long-standing tradition of upholding the rights of investors against corporate misconduct. The firm, founded by renowned attorney Abraham L. Pomerantz, has specialized in securities class actions for over 85 years, successfully recovering billions of dollars on behalf of defrauded investors. They emphasize their commitment to helping victims of securities fraud seek justice and recovery for their financial losses.
If you are a shareholder of Zeta Global Holdings who has incurred losses, it is essential to act quickly. Connect with Pomerantz LLP through Danielle Peyton to understand your rights and options. You may reach her by email or phone, and if you choose to contact via email, providing your mailing address, phone number, and the number of shares you have purchased can facilitate a smoother process.
For more detailed information regarding this class action lawsuit or to access the complaint, you may check the official Pomerantz Law Firm website. Keep in mind that attorney advertising regulations apply; thus, past outcomes do not guarantee similar future results for investors. However, prompt action can significantly affect the outcome for those involved. Don't miss the opportunity to stand up against potential injustices in the investment landscape.
Topics Financial Services & Investing）
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