Zeta Global Holdings Corp. Sued for Securities Law Violations – Contact Levi & Korsinsky Before January 21, 2025 to Discuss Your Rights – ZETA

Key Takeaways:

• A class action lawsuit has been filed against Zeta Global Holdings Corp.
• The lawsuit alleges securities fraud between February 27, 2024, and November 13, 2024.
• Accusations include artificially inflating financial results using two-way contracts and round-trip transactions.
• Claims that Zeta utilized predatory consent farms to collect user data, driving company growth.
• Investors have until January 21, 2025, to request appointment as lead plaintiff.

Legal Troubles Mount for Zeta Global Amid Investor Lawsuit

Introduction

Zeta Global Holdings Corp., a leading marketing technology company, is under legal fire as Levi & Korsinsky, LLP announces a class action securities lawsuit against the firm. The suit alleges that Zeta Global engaged in deceptive practices that misled investors and artificially inflated the company’s financial results between February 27, 2024, and November 13, 2024.

Details of the Allegations

The lawsuit claims that Zeta Global employed two-way contracts and participated in round-trip transactions to manipulate its financial statements. These actions allegedly created a façade of robust financial health, deceiving investors about the true state of the company’s operations.

Predatory Data Collection Claims

Further allegations suggest that Zeta Global utilized predatory consent farms to amass user data. These consent farms, often criticized for unethical data harvesting methods, are said to have driven nearly all of the company’s growth during the implicated period. Such practices raise significant concerns about user privacy and ethical standards within the industry.

Impact on Investors

Investors who purchased securities during the specified timeframe may have suffered substantial losses due to the alleged misconduct. The misleading financial information could have influenced investment decisions, resulting in financial harm. The lawsuit seeks to recover these losses on behalf of the affected investors.

Legal Proceedings and Deadlines

Levi & Korsinsky, LLP, a firm with a notable track record in securities litigation, is leading the legal charge. Affected investors have until January 21, 2025, to request the court appoint them as lead plaintiff in the case. Importantly, participation in the lawsuit does not necessitate serving as a lead plaintiff, nor does it involve any out-of-pocket costs or fees.

Background on Zeta Global

Zeta Global Holdings Corp., listed on the NYSE under the ticker ZETA, is known for its data-driven marketing strategies and technologies. The company’s alleged reliance on unethical data collection methods not only impacts its financial transparency but also its reputation in handling user data responsibly.

Next Steps for Investors

Investors impacted by the alleged actions are encouraged to consider their rights and potential remedies. Joining the class action lawsuit could be a vital step in seeking compensation for incurred losses. Interested parties should contact Levi & Korsinsky, LLP for more information before the impending deadline.

Conclusion

As the legal proceedings unfold, the spotlight remains on Zeta Global’s response to these serious allegations. The case underscores the critical importance of corporate transparency and ethical practices in maintaining investor trust and upholding market integrity.