Investors Urged to Act: Zeta Global Holdings Class Action Update
Important Class Action Notice for Zeta Global Investors
Attention investors of Zeta Global Holdings Corp. ('Zeta')! If you've experienced significant losses in your investments, you must be aware of an ongoing class action lawsuit that could impact your financial rights. Led by Kahn Swick & Foti, LLC, a law firm renowned for its expertise in securities litigation, this case is currently capturing the attention of the investment community.
Who Should Pay Attention?
If you purchased shares or securities of Zeta Global between specific dates in early 2024, you may be entitled to participate in this class action. The crucial deadline for filing lead plaintiff applications is fast approaching. Investors with losses exceeding $100,000 who purchased during the specified time frame should consider reaching out for more details regarding their rights and legal options.
Understanding the Class Period
The class period for this lawsuit began on February 27, 2024, and extends to November 13, 2024. If your investments fell within this window, your eligibility is confirmed. The case is proceeding in the United States District Court for the Southern District of New York, where critical information regarding the company's business practices has been brought to light.
What Are the Allegations?
The allegations against Zeta Global and its executives are serious. They are accused of a range of violations related to federal securities laws, primarily concerning the failure to disclose crucial information. Specifically, the lawsuit asserts that Zeta resorted to deceptive practices to boost its financial performance fraudulently.
Key Points of Deception
The alleged misleading statements and omissions are concerning. They include claims that Zeta engaged in two-way contracts and round-trip transactions, significantly inflating its financial results. Moreover, the company reportedly relied on aggressive data collection methods through consent farms, which have been integral to its growth. Such practices raise serious doubts about the accuracy and reliability of the company's public statements.
How to Get Involved
About Kahn Swick & Foti, LLC
With offices across multiple states, including New York and Louisiana, KSF brings valuable experience in securities litigation. Former Louisiana Attorney General Charles C. Foti, Jr. leads the firm, which aims to support investors facing losses due to corporate misconduct. Their extensive background allows them to represent various clients, from institutional investors to retail shareholders.
Contact Information
If you have questions or wish to learn more about your options, please reach out:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
Frequently Asked Questions
What is the purpose of the class action lawsuit against Zeta?
The class action lawsuit aims to address allegations of securities fraud by Zeta and recover losses for affected investors.
Who can file a claim?
Investors who purchased Zeta securities between February 27, 2024, and November 13, 2024, may file a claim if they suffered losses exceeding $100,000.
What are the deadlines for filing?
The deadline to file lead plaintiff applications is January 21, 2025.
How can I contact Kahn Swick & Foti, LLC?
You can reach Lewis Kahn at 1-877-515-1850 or via email at lewis.kahn@ksfcounsel.com for more information.
Why is this case significant?
This case could have a considerable impact on how corporate malfeasance is addressed and create financial recoveries for investors wronged by misleading business practices.
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