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

Alert for Investors in Zeta Global Holdings Corp.

In a significant development for investors in Zeta Global Holdings Corp. (ZETA), the law firm Kessler Topaz Meltzer & Check, LLP has announced the filing of a securities class action lawsuit. This action is directed towards those who either purchased or acquired Zeta's securities during the period from February 27, 2024, to November 13, 2024. Notably, the deadline for potential lead plaintiff submissions is set for January 21, 2025.

Background of the Lawsuit

The lawsuit alleges that Zeta Global, during the specified class period, engaged in practices that misled investors regarding the company's financial health and operational practices. The complaint states that the defendants made several materially false and misleading statements and failed to disclose adverse facts concerning the company's business operations. Specifically, it is claimed that:

1. Artificially Inflated Results: Zeta purportedly employed two-way contracts to inflate its financial results artificially, thereby misleading investors about its actual financial performance.
2. Engagement in Round Trip Transactions: The firm is accused of conducting round trip transactions, another tactic that allegedly contributed to the inflation of financial indicators.
3. Data Misuse: Zeta is also implicated in utilizing predatory consent farms to gather user data, practices that are viewed as ethically questionable and detrimental to consumer rights.
4. Growth Origination: The complaint points out that these consent farms were responsible for a significant portion of Zeta's growth, which was not transparently communicated to investors.
5. Misleading Corporate Statements: As a result of the aforementioned practices, statements made by the company regarding its business prospects were fundamentally misleading and lacked a solid basis.

This multifaceted issue raises considerable concerns regarding corporate governance and investor protections in the rapidly evolving tech landscape.

What This Means for Investors

For investors affected by these alleged practices, Kessler Topaz Meltzer & Check, LLP is encouraging them to take proactive steps. Investors can either choose to seek appointment as lead plaintiffs or remain absent class members, preserving their ability to participate in any potential recovery. A lead plaintiff represents the interests of all class members and typically possesses the largest financial stake in the lawsuit. Those interested can reach out to the law firm or other legal counsel for guidance.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is renowned for its commitment to fighting corporate fraud and protecting investors. With a global reputation for excellence, the firm has successfully recovered billions for clients wronged by fraud and corporate misconduct. Their efforts are focused on safeguarding the rights of investors, consumers, and employees from unethical business practices.

For more details, or if you've suffered losses related to Zeta Global Holdings Corp., it's advisable to contact the firm directly. You can learn more about their work and how they can assist you by visiting their website at www.ktmc.com.

In conclusion, the upcoming deadline offers a critical window for affected investors to make informed decisions regarding their involvement in the class action lawsuit against Zeta Global Holdings Corp. Staying informed and engaged will be key to ensuring that their rights are protected and potentially securing any relief from financial losses incurred during the class period.