#United States #New York #Zeta Global #securities lawsuit #Levi Korsinsky

Zeta Global Holdings Corp. Lawsuit Update

As January 21, 2025, approaches, Levi & Korsinsky, LLP is reminding investors of Zeta Global Holdings Corp. about the critical lead plaintiff deadline related to a class action securities lawsuit. This legal action could have ramifications for many investors adversely affected between February 27, 2024, and November 13, 2024.

Overview of the Case

The lawsuit centers around allegations of securities fraud which have raised significant concerns in the investment community. According to the documents filed, it is claimed that Zeta employed misleading tactics that inflated its financial performance. Notably, allegations include:
1. Two-Way Contracts: The company supposedly utilized two-way contracts to present inflated financial results.
2. Round Trip Transactions: These practices reportedly involved round trip transactions that contributed to earning reports not reflective of actual performance.
3. Predatory Consent Farms: The lawsuit indicates Zeta engaged in misleading practices related to consent farms, leading to questionable user data collection methods.
4. Growth Misrepresentation: Claims assert that nearly all of Zeta's growth was driven by these practices, misleading investors about the sustainability and ethical nature of the company's operations.

These allegations are significant, as they not only question the integrity of Zeta's financial reporting but also raise ethical concerns about its business models. The lawsuit indicates that the positive statements made by the company regarding its growth and business prospects lacked a solid foundation.

Ingredients for Legal Action

If you are a shareholder who faced losses during the specified timeframe, Levi & Korsinsky are urging you to act before the lead plaintiff deadline of January 21, 2025. Notably, any affected investor can seek the responsibilities of being a lead plaintiff. However, participation in the case does not necessitate being the lead plaintiff to qualify for potential recovery.

Advantages of Participation

Investors should take note that if identified as a class member, they could be entitled to compensation without any out-of-pocket costs. Participation is volunteer-based and does not bear any financial burden for involved shareholders.

Why Choose Levi & Korsinsky?

Levi & Korsinsky is a distinguished law firm with over two decades of experience specializing in complex securities litigation. Having secured hundreds of millions for aggrieved shareholders, the firm holds a reputable track record of handling high-stakes cases in the securities industry. For seven consecutive years, they have been recognized in ISS Securities Class Action Services' Top 50 report.

Contact Information

Shareholders seeking further information about the lawsuit or wishing to participate can contact Joseph E. Levi, Esq. at (212) 363-7500 or via email at [email protected] The firm's address is 33 Whitehall Street, 17th Floor, New York, NY 10004.

For more detailed information on the case, please visit the Levi & Korsinsky website.

Stay informed about your rights as an investor, and ensure you understand the implications of these legal proceedings on your investments in Zeta Global Holdings Corp.