Former Louisiana Attorney General Issues ZETA Global Shareholder Alert for Investors with Significant Losses
In a recent development, Kahn Swick & Foti, LLC (KSF), under the leadership of Charles C. Foti, Jr., a former Attorney General of Louisiana, is making significant announcements pertinent to investors in Zeta Global Holdings Corp. (Zeta). The firm is advising that any investors who incurred losses exceeding $100,000 between February 27, 2024, and November 13, 2024, should consider filing lead plaintiff applications for the pending class action lawsuit against Zeta. This legal action is taking place in the esteemed United States District Court for the Southern District of New York.
The background of the lawsuit involves critical allegations against Zeta Global and its executives. They are accused of failing to disclose crucial information during the aforementioned time frame, which constitutes a violation of federal securities laws. The case asserts that Zeta misrepresented its financial standing in several notable ways, such as through the use of two-way contracts and round-trip transactions designed to artificially inflate its financial results. Moreover, Zeta's practices include utilizing predatory consent farms to harvest user data, which has played a significant role in its reported growth. As a result of these actions, numerous statements from the company about its operations and business outlook are claimed to be materially misleading.
Investors affected by these events are strongly encouraged to investigate their legal rights further and explore their options for recovery. The partner Lewis Kahn of KSF is ready to assist with inquiries regarding this case, emphasizing that any initial contact is free of charge. Interested parties should reach out to Kahn by calling 1-877-515-1850 or emailing at info@ksfcounsel.com. For those who believe they have grounds to serve as lead plaintiffs, it’s critical to be aware of the deadline set for January 21, 2025, to petition the court.
This case, labeled as Davoodi v. Zeta Global Holdings Corp., No. 24-cv-8961, represents one of many actions Kahn Swick & Foti have undertaken in their commitment to holding publicly traded companies accountable for corporate misconduct.
KSF is recognized as a prominent boutique law firm specializing in securities litigation, representing a diverse clientele that includes public institutional investors, hedge funds, individual investors, and more. Their offices span several key locations across the United States, reflecting their nationwide reach in advocating for investors impacted by corporate fraud.
To learn more about this class action lawsuit and how to navigate the legal landscape, affected investors should not hesitate to contact KSF. The firm’s experience and dedication position them to effectively assist clients in pursuing rightful recoveries for their financial losses resulting from investment malfeasance.
The background of the lawsuit involves critical allegations against Zeta Global and its executives. They are accused of failing to disclose crucial information during the aforementioned time frame, which constitutes a violation of federal securities laws. The case asserts that Zeta misrepresented its financial standing in several notable ways, such as through the use of two-way contracts and round-trip transactions designed to artificially inflate its financial results. Moreover, Zeta's practices include utilizing predatory consent farms to harvest user data, which has played a significant role in its reported growth. As a result of these actions, numerous statements from the company about its operations and business outlook are claimed to be materially misleading.
Investors affected by these events are strongly encouraged to investigate their legal rights further and explore their options for recovery. The partner Lewis Kahn of KSF is ready to assist with inquiries regarding this case, emphasizing that any initial contact is free of charge. Interested parties should reach out to Kahn by calling 1-877-515-1850 or emailing at info@ksfcounsel.com. For those who believe they have grounds to serve as lead plaintiffs, it’s critical to be aware of the deadline set for January 21, 2025, to petition the court.
This case, labeled as Davoodi v. Zeta Global Holdings Corp., No. 24-cv-8961, represents one of many actions Kahn Swick & Foti have undertaken in their commitment to holding publicly traded companies accountable for corporate misconduct.
KSF is recognized as a prominent boutique law firm specializing in securities litigation, representing a diverse clientele that includes public institutional investors, hedge funds, individual investors, and more. Their offices span several key locations across the United States, reflecting their nationwide reach in advocating for investors impacted by corporate fraud.
To learn more about this class action lawsuit and how to navigate the legal landscape, affected investors should not hesitate to contact KSF. The firm’s experience and dedication position them to effectively assist clients in pursuing rightful recoveries for their financial losses resulting from investment malfeasance.
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.