Zeta Global Holdings Corp Investors Urged to Join Securities Class Action Lawsuit by Robbins Geller
In a significant development for investors of Zeta Global Holdings Corp. (NYSE: ZETA), Robbins Geller Rudman & Dowd LLP has announced the impending deadline for participation in a class action lawsuit. Those who acquired Zeta Global securities between February 27, 2024, and November 13, 2024, are being encouraged to step forward as potential lead plaintiffs. The deadline to apply is January 21, 2025.
The class action, formally known as Davoodi v. Zeta Global Holdings Corp., was filed in the Southern District of New York. It accuses Zeta Global and some of its executives of violating the Securities Exchange Act of 1934. Allegations detail a series of misleading statements and failures to disclose critical information that misrepresented the company’s true financial status.
Among the accusations, the lawsuit claims that Zeta Global artificially inflated its financial results using dubious two-way contracts and round-trip transactions. Furthermore, it is alleged that the company relied on predatory consent farms for user data collection, which became crucial for Zeta Global's growth trajectory.
This situation escalated in November 2024 when a report named "Zeta Global Holdings Corp (ZETA) Shams, Scams, and Spam" was published by Culper Research. Following the release of this report, Zeta Global's stock price experienced a dramatic drop of over 37%, indicating a potential breach of investor trust and regulatory violations.
Eligible investors who wish to take active roles in the litigation can submit their application to become lead plaintiff and have the opportunity to represent the interests of all affected shareholders. The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Zeta Global securities within the specified period to pursue this role, provided they have substantial financial stakes in the class action. The lead plaintiff will work closely with their chosen law firm to guide the lawsuit.
It's worth noting that an investor's potential recovery is not contingent upon being the lead plaintiff, so all impacted shareholders are encouraged to actively participate irrespective of their decision concerning lead plaintiff status.
Robbins Geller Rudman & Dowd LLP stands out in the field of securities fraud litigation and has consistently ranked high in recovery of monetary relief for investors. The firm has secured over $6.6 billion for its clients over recent years, highlighting their expertise in handling complex securities cases, including the landmark Enron litigation that garnered the largest recovery in history.
The firm has offices across various locations and has a team of 200 lawyers dedicated to representing investor rights. Its successful track record in securities class actions underscores the firm’s capacity to manage large-scale investor disputes and recover substantial damages.
Investors interested in participating or seeking further information on the case can visit Robbins Geller's dedicated webpage for Zeta Global or contact the attorneys involved directly via phone or email. Timely action is crucial, given the January 21 deadline, and those who faced considerable financial losses are urged to come forward and seek justice for the alleged violations committed by Zeta Global.
For more details about the case and opportunities available to investors, Robbins Geller offers resources and personalized support to navigate this complex legal landscape.
The class action, formally known as Davoodi v. Zeta Global Holdings Corp., was filed in the Southern District of New York. It accuses Zeta Global and some of its executives of violating the Securities Exchange Act of 1934. Allegations detail a series of misleading statements and failures to disclose critical information that misrepresented the company’s true financial status.
Among the accusations, the lawsuit claims that Zeta Global artificially inflated its financial results using dubious two-way contracts and round-trip transactions. Furthermore, it is alleged that the company relied on predatory consent farms for user data collection, which became crucial for Zeta Global's growth trajectory.
This situation escalated in November 2024 when a report named "Zeta Global Holdings Corp (ZETA) Shams, Scams, and Spam" was published by Culper Research. Following the release of this report, Zeta Global's stock price experienced a dramatic drop of over 37%, indicating a potential breach of investor trust and regulatory violations.
Eligible investors who wish to take active roles in the litigation can submit their application to become lead plaintiff and have the opportunity to represent the interests of all affected shareholders. The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Zeta Global securities within the specified period to pursue this role, provided they have substantial financial stakes in the class action. The lead plaintiff will work closely with their chosen law firm to guide the lawsuit.
It's worth noting that an investor's potential recovery is not contingent upon being the lead plaintiff, so all impacted shareholders are encouraged to actively participate irrespective of their decision concerning lead plaintiff status.
Robbins Geller Rudman & Dowd LLP stands out in the field of securities fraud litigation and has consistently ranked high in recovery of monetary relief for investors. The firm has secured over $6.6 billion for its clients over recent years, highlighting their expertise in handling complex securities cases, including the landmark Enron litigation that garnered the largest recovery in history.
The firm has offices across various locations and has a team of 200 lawyers dedicated to representing investor rights. Its successful track record in securities class actions underscores the firm’s capacity to manage large-scale investor disputes and recover substantial damages.
Investors interested in participating or seeking further information on the case can visit Robbins Geller's dedicated webpage for Zeta Global or contact the attorneys involved directly via phone or email. Timely action is crucial, given the January 21 deadline, and those who faced considerable financial losses are urged to come forward and seek justice for the alleged violations committed by Zeta Global.
For more details about the case and opportunities available to investors, Robbins Geller offers resources and personalized support to navigate this complex legal landscape.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.