Zeta Global Holdings Corp Faces Class Action Lawsuit Over Alleged Securities Violations

Zeta Global Holdings Corp and the Class Action Lawsuit

In recent developments, Zeta Global Holdings Corp is facing a class action lawsuit as investors claim violations of securities laws. Levi & Korsinsky, LLP, representing affected investors, has initiated this legal action aimed at recouping losses sustained from alleged fraudulent activities within the company. The specific allegations focus on misleading financial statements and deceptive practices that purportedly inflated the company’s financial results over several months.

Background of the Case

The lawsuit is centered around accusations that during the period from February 27, 2024, to November 13, 2024, Zeta engaged in questionable business practices. It is asserted that the company employed two-way contracts and participated in round-trip transactions designed to artificially boost its financial performance. Moreover, the complaint highlights the use of predatory consent farms to gather user data, which were allegedly pivotal in driving the company’s growth.

Investor Rights and Deadlines

Affected investors are being urged to take action before the deadline of January 21, 2025. Those who suffered losses due to the alleged securities fraud can request to be appointed as lead plaintiffs in this class action. Importantly, participation in the lawsuit does not obligate individuals to bear any out-of-pocket expenses or fees. This approach is aimed at ensuring that every eligible investor can seek compensation without financial barriers.

The Role of Levi & Korsinsky

Levi & Korsinsky has a notable history of advocating for shareholders in complex securities litigations, having secured substantial recoveries in past cases. The firm boasts a dedicated team of over 70 employees who specialize in securities law and has been recognized as one of the top litigation firms in the United States by ISS Securities Class Action Services. With a well-established track record, Levi & Korsinsky promises to provide robust legal representation to investors affected by this lawsuit.

What Lies Ahead for Zeta Global?

As the case unfolds, Zeta Global Holdings Corp faces significant scrutiny that could impact its reputation and operations moving forward. The accusations not only place the company in a challenging legal predicament but may also influence investor confidence. As more details emerge, it will be crucial for stakeholders to stay informed about the case's progress and possible outcomes.

If you believe you have been affected by these events, or if you are looking for more information about your rights as an investor in Zeta Global, you can reach out directly to the legal team at Levi & Korsinsky. They will be able to guide you through your options and the next steps to take.

For more details on the class action lawsuit, you can visit the provided links which guide you through the process of getting in touch with the legal team. It is an important time for investors to act decisively, especially those who
defined the company as a pivotal part of their investment strategy.

Contact Information

For inquiries or assistance, investors can contact Joseph E. Levi, Esq. at the law firm via email at [email protected] or call at (212) 363-7500. Further details can also be found on their official website.

As investors navigate through this challenging situation, focusing on legal support and staying updated on the lawsuit’s developments will be key to safeguarding their interests in Zeta Global Holdings Corp.