Zeta Global Holdings Faces Class Action: Important Investor Update
Zeta Global Holdings Corp. and the Class Action Lawsuit
Levi & Korsinsky, LLP has reached out to shareholders of Zeta Global Holdings Corp. regarding a significant class action lawsuit. Investors who have lost money during this tumultuous period may have a chance to seek reparations.
Understanding the Class Action
This class action lawsuit is designed to represent investors who owned shares of Zeta Global Holdings Corp. during a specific timeframe. The lawsuit aims to recover losses attributed to alleged securities fraud.
Impacts on Investors
Many investors were adversely affected by alleged deceptive practices during the defined periods. The complaint discusses a range of accusations against Zeta Global Holdings Corp., including the use of dubious practices to inflate financial results. These behaviors may not only affect current stock valuations but could also significantly impact investor trust.
Details of the Allegations
The lawsuit revolves around several key allegations, including:
- The use of two-way contracts to boost apparent financial performance.
- Participation in round trip transactions that further inflated financial results.
- The employment of predatory consent farms which were integral to collecting user data.
As these practices have come to light, it has become evident that many of the statements made by the company regarding its growth and prospects were misleading, lacking a solid foundation.
What Should Affected Investors Do?
For those who have experienced losses in Zeta Global Holdings Corp. within the relevant timeline, it's crucial to take action. Investors have until a specified deadline to request to be appointed as the lead plaintiff in this matter. Keep in mind, however, that participating as a lead plaintiff is not a prerequisite for recovery.
Participation with No Costs
A noteworthy aspect of this class action is that eligible participants may have the opportunity to receive compensation without incurring out-of-pocket expenses. This means that joining the lawsuit carries no financial obligation for the investor.
Why Choose Levi & Korsinsky?
Levi & Korsinsky boasts a robust history, having successfully recovered hundreds of millions for marginalized investors over the past two decades. The firm specializes in complex securities litigation, backed by a dedicated team of over 70 professionals equipped to assist clients effectively. Their consistent ranking among the top securities litigation firms highlights their commitment and success.
Contact Information
If you are concerned about the ongoing situation and wish to get more updates or seek advice, reach out to:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
Frequently Asked Questions
What is the class action lawsuit about?
The lawsuit seeks to address losses incurred by investors in Zeta Global Holdings Corp. due to alleged securities fraud.
Who can participate in the class action?
Investors who held shares during the specified period and experienced financial losses may be eligible for participation.
Is there any cost to join the lawsuit?
No, there is no obligation or cost for eligible class members to participate in the lawsuit.
What should I do if I’m affected?
Affected investors should consider contacting Levi & Korsinsky to learn about their options for participating in the lawsuit.
Why should I trust Levi & Korsinsky?
The firm has a proven track record of successfully representing investors and recovering substantial damages in complex securities cases.
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