#USA #Zeta Global Holdings #Los Angeles #Frank R. Cruz #ZETA

Investors United Against Fraud: Zeta Global Holdings Corp. Class Action

Investors who have experienced notable financial setbacks due to their shares in Zeta Global Holdings Corp. are facing a critical opportunity to join a class action lawsuit. The Law Offices of Frank R. Cruz has announced the commencement of this legal action aimed at addressing securities fraud allegedly perpetrated by the company under review.

Background on Zeta Global Holdings Corp.

Zeta Global Holdings Corp., listed on the NYSE with the ticker ZETA, has come under scrutiny as allegations of fraudulent activities have surfaced. Investors who purchased shares in the identified class period, spanning from February 27, 2024, to November 13, 2024, may qualify to seek damages for their losses. The deadline to file as the lead plaintiff in this class action is set for January 21, 2025.

The nature of the complaint outlines serious allegations against Zeta which include deceiving investors by failing to disclose crucial information that would have impacted their investment decisions. Specific allegations in the complaint include:
1. Use of Two-Way Contracts: The lawsuit claims that Zeta artificially inflated its financial results by employing two-way contracts.
2. Round Trip Transactions: This tactic was allegedly utilized to further manipulate financial reporting.
3. Predatory Data Collection Practices: It is suggested that Zeta employed predatory consent farms to amass user data, which in turn facilitated a deceptive narrative about the company's growth.
4. Misleading Statements: The defendants are accused of making positive assertions regarding Zeta's business and operations that lacked a reasonable basis, misinforming investors about the true state of the company.

Legal Framework and Participation

Those shareholders who find themselves impacted by these revelations need not take immediate action to be part of the class action. They have the option to consult with their legal representatives or choose to remain passive participants in the lawsuit. For individuals seeking more information or wishing to join the action, contact details for Frank R. Cruz are provided: individuals can reach out directly to his law offices in Century City, California, or visit their official website. They are encouraged to include relevant information such as their mailing address and share ownership to streamline the inquiry process.

The Importance of Investor Vigilance

This legal undertaking underscores the necessity for investors to remain vigilant and informed about the operations and governance of the companies in which they invest. Transparency and accountability are critical in maintaining investor trust, and this class action serves not only as a challenge to potential misconduct but also as a reminder of the risks involved in the financial markets.

As the case progresses, updates will be communicated via official channels, including social media platforms linked to the Law Offices of Frank R. Cruz. The legal team is poised to advocate for affected investors, pushing forward with the hope of recompense for those misled by corporate practices at Zeta Global Holdings Corp.

As we navigate through these troubling waters of investor-firm relations, stakeholders are urged to keep a close eye on their investments, ensuring that they remain proactive in safeguarding their financial interests against deceitful corporate conduct.