#USA #New York #Class Action #Securities Fraud #Zeta Global

Zeta Global Holdings Corp. Faces Class Action Lawsuit

In an important update for shareholders, Levi & Korsinsky, LLP has announced a pending class action lawsuit concerning Zeta Global Holdings Corp. (NYSE: ZETA). Investors impacted by the alleged fraudulent activities have until January 21, 2025, to join the case.

Background of the Case

The class action lawsuit arises from claims that Zeta Global Holdings engaged in deceptive practices between February 27, 2024, and November 13, 2024. This time frame spans a significant period where the company's financial results are scrutinized, revealing potential misconduct that could have inflated its performance figures.

The allegations specify that Zeta utilized misleading two-way contracts, executed round trip transactions, and operated predatory data collection methods to boost user data collections and, thereby, its growth metrics. Such actions led to misrepresentations regarding the company’s financial health and undermined the confidence of investors.

Investor Rights and Opportunities

Investors who feel they have suffered losses due to these alleged practices are encouraged to participate in the lawsuit. Appointing a lead plaintiff is an essential procedure, and interested parties are urged to submit their information promptly, as the deadline looms.

Participating in this class action carries no costs for the investors involved. Typically, class members can secure compensation without any upfront payments. This financial protection encourages more Zeta shareholders to consider their options concerning this legal action.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has built a strong reputation over the past two decades for defending shareholders in complex securities cases. With a robust support team exceeding 70 professionals, the firm has successfully recovered hundreds of millions of dollars for aggrieved shareholders in the past. Notably, the firm has consistently ranked among the top securities litigation companies, highlighting its capability and dedication to client interests.

The lead attorneys, Joseph E. Levi and Ed Korsinsky, are reachable via email or their office phone, providing direct channels for investor inquiries and further information.

Conclusion

Zeta Global Holdings Corp. finds itself at a critical juncture as this class action lawsuit develops. Investors are encouraged to remain vigilant, consider their rights in light of recent allegations, and act swiftly if they wish to partake in the proceedings. The timeline ahead is crucial, with the approaching deadline offering a narrow window for potential class members to assert their claims and seek justice against the alleged misconduct.

For solidarity among those affected, participating in this legal action might be a vital step towards securing compensation and holding accountable those who may have misled investors.