Zeta Global Holdings Faces Class Action Lawsuit for Securities Fraud: An Investor's Guide
Zeta Global Holdings Faces Class Action Lawsuit
Investors in Zeta Global Holdings Corp. are being notified of a significant class action lawsuit initiated by the Schall Law Firm. This national law firm, specializing in shareholder rights litigation, is urging affected investors to take action regarding the company’s alleged breaches of the Securities Exchange Act of 1934.
Background of the Lawsuit
The lawsuit revolves around Zeta Global Holdings (NYSE: ZETA) and allegations that the company misled investors through various deceptive practices. Accusations include violations of certain sections of the federal securities laws, specifically relating to the marketing of its financial results. The class period for this potential lawsuit spans from February 27, 2024, to November 13, 2024. Investors who acquired Zeta's securities during this timeframe are encouraged to reach out to the law firm before the deadline of January 21, 2025, to discuss their rights.
Key Allegations
According to the allegations, Zeta has been implicated in a scheme that involved the use of two-way contracts designed to artificially inflate the company’s financial performance. The malpractice extends to the utilization of