Zeta Global Holdings Corp. Investors Have a Legal Opportunity
In a noteworthy legal development, investors who have incurred notable losses in Zeta Global Holdings Corp. (NYSE: ZETA) are presented with a significant opportunity to lead a class action lawsuit concerning alleged securities fraud. The Law Offices of Howard G. Smith, which spearhead this initiative, aim to represent those who feel aggrieved by the company’s business practices. Investors are urged to take action before the lead plaintiff deadline of January 21, 2025.
Understanding the Lawsuit
The core of the lawsuit revolves around allegations that, between February 27, 2024, and November 13, 2024, Zeta Global failed to disclose critical information to its investors. The documented claims indicate that Zeta used dubious financial practices to inflate its reported earnings. This includes utilizing two-way contracts, engaging in round trip transactions, and exploiting predatory consent farms to enhance user data collection—all of which allegedly misled investors regarding the true health of the company’s financial state.
Details of the Allegations:
1.
Two-Way Contracts: The lawsuit claims that Zeta used these to artificially inflate their financial results, leading investors to believe in a stronger performance than was the reality.
2.
Round Trip Transactions: Engaging in transactions that merely shifted money within the company without actually generating any new revenue is also part of the alleged misconduct.
3.
Predatory Consent Farms: These entities, which were presumably utilized to harvest user data, have been pointed out as major contributors to Zeta's growth—but not a sustainable or transparent method of business.
4.
Misleading Information: As a result of these practices, statements made by Zeta's executives about the company’s operations and future were found to be materially misleading.
Getting Involved
The Law Offices of Howard G. Smith encourage investors impacted by Zeta's practices to reach out for more information regarding the lawsuit. Interested parties can communicate via email or phone. They can also visit the firm's website for assistance in understanding their rights and evaluating their potential participation in the class action.
Whether you plan to actively join the lawsuit or prefer to remain an absent member, the important step is to understand your options. No immediate action is required to be part of the class action at this juncture. The process allows for individuals to consult legal counsel as they see fit, ensuring they are equipped to handle this complex legal landscape.
Getting Legal Help
If you feel that your financial interests have been compromised due to the business practices of Zeta Global Holdings, do not hesitate to reach out to the Law Offices of Howard G. Smith. The firm specializes in handling class action lawsuits and is poised to provide you with the necessary guidance. Contact details for inquiries include their office in Bensalem, PA, with a variety of communication options available.
For those interested, now is the time to address and safeguard your rights as an investor in Zeta Global Holdings Corp. Stay informed and proactive.
Contact Information
- - Phone: (215) 638-4847
- - Email: email protected]
- - Website: [www.howardsmithlaw.com
As this situation develops, Zeta Global investors are encouraged to keep abreast of any announcements that may impact their legal standing and potential recovery.
Understanding your rights as an investor is crucial, especially in situations where company practices are called into question. This class action can provide a path to seeking restitution for losses incurred, making it essential for those affected to act swiftly and wisely.