Zeta Global Holdings Corp. Class Action Lawsuit Update
Important Notice for Zeta Global Holdings Corp. Investors
The Gross Law Firm has issued a significant notice to shareholders of Zeta Global Holdings Corp. (NYSE: ZETA). If you invested in Zeta during the specified class period, it is vital to pay close attention to the information provided in this notice.
Registration for Shareholder Participation
Shareholders who acquired ZETA shares during the outlined class period are encouraged to reach out regarding potential lead plaintiff appointments. It’s important to note that becoming a lead plaintiff is not necessary to be eligible for recovery.
Class Period and Allegations
The class period extends from February 27, 2024, to November 13, 2024. Allegations have surfaced claiming that during this period, the defendants engaged in various misleading practices. Specifically, they allegedly inflated financial results through two-way contracts and executed round trip transactions to further enhance these results.
Nature of the Allegations
During the class period, Zeta purportedly misled shareholders by claiming positive business growth while utilizing predatory consent farms to gather user data. These farms reportedly supported nearly all of Zeta’s growth. Consequently, the statements made by the company regarding its operations and prospects were materially misleading and lacked reasonable foundation.
Deadline for Participation
The crucial deadline for shareholders to register for this class action is January 21, 2025. Investors are advised not to procrastinate in formalizing their registration. Timely registration will help in being part of the proceedings.
Next Steps for Interested Shareholders
Once registered, shareholders will be integrated into a monitoring system that keeps them updated on the case's progress throughout its lifecycle. The deadline to apply for lead plaintiff status is January 21, 2025. Participation in this case involves no cost or obligation.
Why Choose The Gross Law Firm?
The Gross Law Firm has gained national recognition for its commitment to defending the rights of investors adversely affected by deceitful practices. Their mission focuses on ensuring companies follow responsible business practices and maintain good corporate citizenship.
Commitment to Investors
The firm aims to recover losses for investors who have been misled by false statements or the omission of critical information that has led to the unnatural inflation of stock prices. Their dedication to this cause remains unwavering. Attorney advertising is pursued responsibly; however, prior results do not guarantee similar outcomes.
Contact Information
If you have further inquiries or wish to register, please reach out to The Gross Law Firm located at 15 West 38th Street, 12th floor, New York, NY 10018. You can call (646) 453-8903 for assistance.
Frequently Asked Questions
What is the class action lawsuit about?
The class action lawsuit involves allegations against Zeta Global Holdings Corp. related to misleading financial statements and practices between February and November 2024.
Who can participate in the class action?
Shareholders who purchased Zeta shares during the class period are eligible to participate in the class action lawsuit.
What should I do to get involved?
You should register your information with The Gross Law Firm to ensure your participation in the class action lawsuit.
Is there a cost to participate?
No, there is no cost or obligation for shareholders who wish to participate in the case.
What is the significance of the lead plaintiff?
While becoming a lead plaintiff is not required, it often involves a greater role in the case generally representing the interests of all investors involved.
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