Zeta Global Holdings Corp. Investors: Join the Securities Fraud Class Action Now!
The Rosen Law Firm has announced an opportunity for investors in Zeta Global Holdings Corp. (NYSE: ZETA) to participate in a pivotal securities fraud class action lawsuit. This announcement applies to those who purchased Zeta's securities between February 27, 2024, and November 13, 2024. If you fall within this category, significant deadlines are approaching that could allow you to seek compensation for any losses incurred during this period.
What You Need to Know
The deadline for filing to serve as the lead plaintiff is January 21, 2025. By assuming this role, plaintiffs become the representative party acting on behalf of the entire class to direct the lawsuit. Importantly, legal fees for this service could potentially be arranged through a contingency fee agreement, meaning you may not have to pay out-of-pocket fees or costs.
If you are interested in joining this class action, you can find more information online at
Rosen Legal's website or reach out directly to Phillip Kim, Esq. via phone at 866-767-3653, or by email at
info@rosenlegal.com.
The Nature of the Allegations
The foundation of this lawsuit is rooted in claims that the defendants—key decision-makers within Zeta Global—provided misleading statements and withheld essential information regarding the company’s financial practices. According to the allegations:
1. Zeta employed two-way contracts to artificially inflate its financial results.
2. The company engaged in round trip transactions for financial manipulation.
3. There were predatory consent farms utilized for user data collection, which significantly contributed to Zeta’s perceived growth.
4. All of these practices led to misleading positive statements about the company’s operational health and future prospects.
When the truth emerged, investors suffered substantial losses as the stock price fell in response to the revelations. This sequence of events underlines the importance of investor vigilance and the potential recourse available through legal action.
Choosing the Right Counsel
The Rosen Law Firm strongly advises investors to opt for qualified legal representation. Their track record in successfully handling securities class actions is noteworthy; in fact, they achieved a landmark settlement against a Chinese corporation, resulting in over $438 million for investors in just a single year, 2019. Since 2013, they have consistently ranked among the top firms handling securities class action settlements.
It's crucial to select a firm that actively litigates rather than one that serves merely as an intermediary. This choice can greatly affect your representation and results in the class action lawsuit.
No Certification Yet
At this stage, it’s important to note that no class has been certified. Therefore, unless you retain counsel, you won’t be represented in court. As an investor, you also have the option to remain an absent class member without taking any immediate action. However, engaging as a lead plaintiff could enhance your chances of compensation if recovery is made in this case.
For ongoing updates, The Rosen Law Firm encourages you to follow them on platforms like LinkedIn, Twitter, and Facebook.
In summary, all Zeta investors from the specified class period should weigh their options seriously and consider joining the class action to secure their rights. Act now to protect your interests and potentially recover losses suffered due to deceptive practices in the market. Your opportunity to participate ends soon, so ensure you take the steps needed before the lead plaintiff deadline passes.