Important Notice for Zeta Global Shareholders
The Gross Law Firm has announced a crucial notice for individuals who hold shares of Zeta Global Holdings Corp (NYSE: ZETA). If you purchased shares between February 27, 2024, and November 13, 2024, you might be eligible to join a class action lawsuit against the corporation. This article provides an overview of the case and steps shareholders must take to participate.
Allegations Against Zeta Global
The complaint focuses on significant allegations that Zeta Global Holdings has been involved in deceptive practices that artificially inflated its financial standing. According to the allegations, during the specified class period, Zeta failed to disclose critical information, leading to misleading statements about its business operations and growth potential. The key charges include:
1.
Use of Two-Way Contracts: Zeta is accused of manipulating financial data through two-way contracts to show inflated results.
2.
Round Trip Transactions: The firm also allegedly engaged in round trip transactions, where they misrepresented their financial performance.
3.
Consent Farms: Notably, the complaint includes claims that Zeta utilized “predatory consent farms” to harvest user data. This, according to the lawsuit, has been a significant driver behind the company's growth.
4.
Misleading Statements: The overall claims suggest that the positive assertions made by Zeta’s leadership regarding the company's prospects were without a solid foundation and were therefore misleading to shareholders.
Deadline for Registration
The deadline for shareholders to register their participation in the class action suit is January 21, 2025. It is highly recommended that affected individuals do not delay in registering, as prompt action is crucial for potential recovery.
Next Steps for Affected Shareholders
Once shareholders register, they will gain access to a portfolio monitoring software, which will offer ongoing status updates throughout the case's lifecycle. It's essential to note that being appointed as a lead plaintiff is not mandatory to benefit from any recovery that results from this lawsuit. Interested shareholders can follow this
link to register and provide their information.
Why Choose The Gross Law Firm?
The Gross Law Firm is a highly regarded national law firm specializing in class action lawsuits aimed at protecting investors' rights. Their mission is to advocate for those who have experienced losses due to fraudulent or deceptive business practices. By holding companies accountable for misinformation and irresponsible corporate behavior, they strive to facilitate recovery for aggrieved investors. The firm underscores that participation in this case entails no cost or obligation, ensuring that shareholders can pursue their rights without financial risk.
Contact Information
For more information or assistance, shareholders can contact The Gross Law Firm directly at:
- - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
This is a pivotal moment for shareholders of Zeta Global Holdings. Engaging with the law firm can provide critical results, especially for those impacted by the alleged actions of the company. Ensure that you act promptly to protect your investment and rights as a shareholder.