#Robbins Geller #Class Action #Zeta Global

Zeta Global Holdings Corp. Investor Alert

In a significant development for investors, the law firm Robbins Geller Rudman & Dowd LLP has announced an opportunity for those adversely affected to spearhead a class action lawsuit against Zeta Global Holdings Corp. (NYSE: ZETA). This action comes in light of allegations surrounding the company's questionable financial practices that purportedly led to substantial investor losses.

Key Details of the Lawsuit

The class action lawsuit, identified as Davoodi v. Zeta Global Holdings Corp. and filed in the Southern District of New York, stipulates that any individual who purchased or acquired Zeta Global securities between February 27, 2024, and November 13, 2024, may qualify to serve as the lead plaintiff. Interested parties have until January 21, 2025, to submit their applications for this role.

Allegations Against Zeta Global

The complaint, as outlined by Robbins Geller, accuses Zeta Global and several of its senior executives of making misleading statements and failing to disclose crucial information that could impact investors. The allegations include:

1. Manipulative Accounting: Zeta Global is accused of utilizing two-way contracts to artificially inflate its financial performance.
2. Deceptive Trading Practices: The firm allegedly engaged in round-trip transactions, further skewing its financial metrics.
3. Predatory Data Acquisition: Claims have surfaced that the company employed predatory consent farms to collect user data, which has reportedly been a cornerstone of Zeta Global's growth strategy.

These practices are said to be tied to the significant decline in the company’s stock price, which plummeted by over 37% following the release of a critical report by Culper Research titled, **