Investors of Zeta Global Holdings Corp. Can Lead Securities Fraud Action

Zeta Global Holdings Corp. Securities Fraud Lawsuit

Investors in Zeta Global Holdings Corp. (NYSE: ZETA) are currently facing a significant opportunity to engage in a case that could impact their financial futures. The Rosen Law Firm, a prominent global rights law firm, has issued a reminder for purchasers of Zeta securities between February 27, 2024, and November 13, 2024, termed the "Class Period."

The firm is urging these investors to consider joining a class action lawsuit against the company. A critical deadline for potential lead plaintiffs is fast approaching on January 21, 2025. Those who bought Zeta shares during the Class Period may qualify for financial compensation, allowing them to recoup some losses without incurring out-of-pocket costs, thanks to a contingency fee arrangement.

Steps to Participate

To be part of this class action, investors can visit Rosen Legal or reach out to Phillip Kim, Esq. at 866-767-3653 or via email at [email protected]. It's important to note that a class action lawsuit has already been initiated. If individuals wish to take the lead in representing the interests of other involved parties, they must file a motion with the Court by the looming deadline of January 21, 2025. A lead plaintiff acts as a representative for others, spearheading the litigation efforts.

Rosen Law Firm emphasizes the importance of selecting the right legal counsel with proven success in class actions. Many law firms that send out notices may lack the necessary experience, resources, or recognition within the field. Unlike many firms that simply act as intermediaries, Rosen Law Firm focuses on directly litigating securities class actions. The firm has previously achieved the largest securities class action settlement involving a Chinese company and has continually ranked high in successful settlements, notably securing over $438 million for investors in 2019 alone.

Allegations Against Zeta Global

The current lawsuit highlights several critical accusations against Zeta Global. It alleges that during the Class Period, Zeta made false and misleading statements or failed to disclose significant information, including:

1. Artificial Inflation of Finances: Zeta is accused of utilizing two-way contracts and engaging in round-trip transactions to bolster their reported financial results artificially.
2. User Data Collection: The company allegedly resorted to predatory consent farms for data collection, which it claims fueled nearly all of its growth.
3. Misleading Positive Statements: Consequently, the positive assertions made by Zeta regarding their business operations were fundamentally misguided or unreliable.

As a result of these alleged actions, when the truth emerged, investors reportedly confronted considerable financial damages. The lawsuit suggests that Zeta's misleading tactics have distorted the market's perception of its business, contributing to the current legal challenges.

Important Legal Notices

It is important for potential class members to acknowledge that a class has not yet been certified. Until such certification is obtained, participants in the class action are not represented by legal counsel unless they choose to retain one. This means that individuals can also opt to remain as absent class members, still having the opportunity to benefit from any future recoveries without the obligation to serve as a lead plaintiff.

Furthermore, investors are encouraged to follow Rosen Law Firm for updates on platforms such as LinkedIn, Twitter, and Facebook. Legal filings can lead to increased transparency and a potential recovery route for those affected by Zeta's alleged misconduct. Following the timeline of events is crucial for investors eager to reclaim their investments through this legal avenue.

In conclusion, the opportunity for Zeta Global investors to take the lead in a securities fraud lawsuit is substantial. With the deadline rapidly approaching, affected parties should act promptly to secure their positions. Utilizing the expertise of a dedicated legal firm can make a significant difference in navigating the complexities of securities litigation.