Class Action Lawsuit Announced Against Zeta Global Holdings Corp
Class Action Lawsuit Against Zeta Global Holdings Corp
Recently, a class action lawsuit has been initiated against Zeta Global Holdings Corp, also known as Zeta. Investors are being informed about this legal move and are encouraged to reach out to legal counsel regarding their rights and potential involvement.
Understanding the Allegations
The allegations against Zeta revolve around serious violations of the Securities Exchange Act. This particular lawsuit claims that Zeta engaged in deceptive practices that misled investors, primarily through the implementation of two-way contracts which artificially boosted its financial performance. By utilizing round-trip transactions, the Company was able to inflate its reported results, providing a false picture of its financial health.
Impact of Alleged Malpractices
The Company’s reliance on predatory techniques to gather user data has raised ethical concerns. Such practices are purported to drive a significant portion of Zeta's growth and assert that the Company may have misused their investor's trust. Shareholders must be aware of how such actions can affect their investments and rights as stakeholders in the company.
Who Should Contact the DJS Law Group?
Shareholders who bought shares of Zeta during the designated class period and have experienced financial loss are particularly encouraged to connect with the DJS Law Group. This step is critical for those wishing to explore possible lead plaintiff appointments in the case. Importantly, being a lead plaintiff is not a requirement for participating in any potential recovery from the lawsuit.
Why Turn to DJS Law Group?
The DJS Law Group is known for its dedication to maximizing investor returns by providing balanced guidance combined with assertive legal representation. The firm's expertise lies in handling securities class actions as well as corporate governance litigation. They have built a reputation by working with some of the most prominent hedge funds and alternative asset managers globally, ensuring that the litigation claims they handle are treated as significant assets.
Contact Details for Interested Shareholders
For shareholders or individuals interested in learning more about their rights in relation to this lawsuit, reaching out to the DJS Law Group could be a valuable step. David J. Schwartz is the primary contact and can be found at the following address:
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Frequently Asked Questions
What is the nature of the lawsuit against Zeta Global Holdings Corp?
The lawsuit alleges that Zeta engaged in manipulative practices that inflated its financial outcomes, impacting investors adversely.
How can shareholders get involved in the lawsuit?
Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for potential participation and recovery options.
What should I know about the DJS Law Group?
DJS Law Group specializes in securities law and works to protect investor interests, focusing on corporate governance and litigation efforts.
Are there any costs associated with participating in the lawsuit?
Generally, there are no costs for shareholders to participate unless they choose to hire representation directly from the law firm for additional guidance.
What are the potential outcomes of the lawsuit?
If successful, the lawsuit may lead to financial recovery for affected shareholders, as well as potential reforms within Zeta’s practices.
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