#United States #Kessler Topaz #Securities Fraud #Radnor #Zeta Global

Zeta Global Holdings Corp Faces Securities Class Action

Zeta Global Holdings Corp. (NYSE: ZETA) is currently dealing with a securities class action lawsuit that could have significant implications for its investors. The law firm Kessler Topaz Meltzer & Check, LLP has announced that this lawsuit covers transactions that occurred between February 27, 2024, and November 13, 2024. The deadline for investors to assert claims as lead plaintiffs is set for January 21, 2025.

Overview of the Case

The complaints filed against Zeta allege that the company engaged in several deceptive practices that misled investors about its business health and growth outcomes. Specifically, the lawsuit accuses the defendants of making materially false statements regarding the company's operations and growth strategies. Such practices include:

1. Use of Two-Way Contracts: Allegations suggest that Zeta used contracts that enabled them to inflate their financial results inaccurately.
2. Round Trip Transactions: The lawsuit claims that these transactions were employed to give a distorted view of the company’s profitability.
3. Predatory Consent Farms: This involves the collection of user data through dubious means that are said to have significantly fueled Zeta's growth.

Due to these allegations, statements made by the company regarding its operations and future prospects are described as materially misleading or lacking sufficient foundation.

Lead Plaintiff Participation

Investors who believe they suffered considerable losses during the class period have the option to take a proactive stance in this case. They can seek to be appointed as a lead plaintiff, which allows them to represent the interests of all class members within the lawsuit. Alternatively, investors have the right to remain passive participants in the lawsuit. Those looking to claim leadership must keep the January 21, 2025, deadline in mind.

Being appointed as a lead plaintiff not only implies a significant financial interest in the case but also requires the potential lead plaintiff to be a suitable representative of the broader group.

Legal avenues for participation include contacting Kessler Topaz Meltzer & Check, LLP directly. Information can be found at their official website, along with options for investors to connect with attorney Jonathan Naji.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is known for pursuing justice in class actions across a variety of sectors. The firm has built its reputation on securing billions in recoveries for victims of corporate fraud and misconduct, thereby safeguarding the interests of investors and consumers.

Those interested in understanding more about the nature of this case or the implications it holds for Zeta's investors are encouraged to reach out to the law firm for detailed insights and further assistance.

In conclusion, the unfolding class action suit against Zeta Global Holdings Corp encapsulates a critical moment for its investors, emphasizing the importance of due diligence and active participation in the legal processes that protect their investments.