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ZETA FRAUD ALERT: Zeta Global Holdings Investors are Alerted of Pending Securities Fraud Investigation into the Company; Contact BFA Law if You Lost Money (NYSE:ZETA)
GlobeNewswire News Room· 2024-11-18 12:41
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Zeta Global Holdings Corp. (NYSE: ZETA) for potential violations of the federal securities laws. If you invested in Zeta, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/zeta-global-holdings-corp. Why Did Zeta’s Stock Drop? Zeta is a cloud-based technology company that provides a marketing platform to assist marketers ...
ZETA BREAKING NEWS: BFA Law is Investigating Zeta Global Holdings Corp. after Short Seller Report Reveals Potential Fraud – Contact the Firm if You Lost Money (NYSE:ZETA)
GlobeNewswire News Room· 2024-11-16 11:19
Company Overview - Zeta Global Holdings Corp is a cloud-based technology company providing a marketing platform to assist marketers in acquiring customers [2] - The company represented its marketing platform as powered by the industry's largest opted-in data set [2] Allegations and Investigation - Culper Research published a report alleging Zeta's data set was generated from "consent farms" - sham websites designed to gather consumer data under false pretenses [3] - These consent farms reportedly drove 56% of Zeta's Adjusted EBITDA over the past 2+ years [3] - The allegations could result in devastating regulatory action [3] Market Impact - Zeta's stock price dropped 37% on November 13, 2024, from $28.22 to $17.76 per share following the report [4] Legal Actions - Bleichmar Fonti & Auld LLP is investigating Zeta for potential violations of federal securities laws [1] - The law firm is encouraging Zeta investors to submit information for potential legal options [6] - Bleichmar Fonti & Auld LLP has a strong track record in securities class actions, including recovering $900 million from Tesla and $420 million from Teva Pharmaceutical [7]
NYSE: ZETA Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Zeta Global Holdings Corp. (NYSE: ZETA) Investors with Significant Losses to Contact the Firm
GlobeNewswire News Room· 2024-11-15 22:57
RADNOR, Pa., Nov. 15, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Zeta Global Holdings Corp. (NYSE: ZETA) (“Zeta”). On November 13, 2024, Culper Research published a report alleging that Zeta has been engaging in deceptive data collection practices. Specifically, the report alleged that “Zeta has quietly spun up its own network of consent farms i.e., sham we ...
NYSE: ZETA Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Zeta Global Holdings Corp. (NYSE: ZETA) Investors with Significant Losses to Contact the Firm
Prnewswire· 2024-11-15 15:00
RADNOR, Pa., Nov. 15, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Zeta Global Holdings Corp. (NYSE: ZETA) ("Zeta").On November 13, 2024, Culper Research published a report alleging that Zeta has been engaging in deceptive data collection practices. Specifically, the report alleged that "Zeta has quietly spun up its own network of consent farms i.e., sham website ...
Zeta Global Holdings (ZETA) Shares Crash After Accusations of Revenue Round-Tripping & Improper Use of Consent Farms – Hagens Berman
GlobeNewswire News Room· 2024-11-15 00:33
Core View - Zeta Global Holdings Corp experienced a significant decline in its share price following a short report by Culper Research, which raised concerns about the company's business practices and financial disclosures [1][3] - The short report alleges that Zeta's revenue growth and financials may be inflated due to questionable data collection practices and revenue recognition methods [3] Investigation Details - Hagens Berman is investigating the propriety of Zeta's disclosures concerning its business practices, including revenue recognition and sources of growth [2] - The investigation focuses on whether Zeta may have misled investors about its business practices and prospects [4] Allegations in the Short Report - Culper Research alleges that Zeta has formed "two-way" contracts with third-party consent farms, acting as both a supplier and buyer of consumer data, which may flatter reported revenue growth and raise round-tripping concerns [3] - Culper Research also claims that Zeta has created its own network of consent farms, which are sham websites that trick consumers into handing over their data under false pretenses, and these farms have driven 56% of Zeta's reported Adj EBITDA over the last 2+ years [3] Market Reaction - Zeta's share price crashed by $10 46, or 37%, on November 13, 2024, following the publication of the short report [3] Legal and Regulatory Context - Hagens Berman encourages investors who suffered substantial losses to submit their losses and persons with knowledge to assist the investigation [1][4] - Whistleblowers with non-public information regarding Zeta may consider their options to help in the investigation or take advantage of the SEC Whistleblower program, which offers rewards of up to 30% of any successful recovery made by the SEC [4]
SHAREHOLDER ALERT: Investigation of Zeta Global Holdings Corp. (ZETA) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2024-11-14 17:41
ATLANTA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Zeta Global Holdings Corp. ("Zeta," "Zeta Global," or the "Company") (NYSE: ZETA) complied with federal securities laws. On November 13, 2024, Culper Research published a report alleging "we believe that Zeta has quietly spun up its own network of consent farms i.e., sham websites that hoodwink millions of consumers each month into handing their data over to Zeta under false pretenses, baited by job applications, stimul ...
ZETA(ZETA) - 2024 Q3 - Quarterly Report
2024-11-12 13:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________TO_________ Commission File Number: 001-40464 ZETA GLOBAL HOLDINGS CORP. (Exact name of registrant as specified in its charter) Delaware 80-0814458 (State or o ...
ZETA(ZETA) - 2024 Q3 - Quarterly Results
2024-11-12 11:03
Exhibit 99.1 November 11, 2024 Zeta Accelerates Revenue Growth to 42% and Achieves the "Rule of 60" in 3Q'24 • Delivered record revenue of $268M, an increase of 42% Y/Y • Grew Direct revenue 41% Y/Y and increased Direct revenue mix by 300 bps Q/Q to 70% • Increased Scaled Customer ARPU to $557K, a record increase of 33% Y/Y • Generated cash flow from operating activities of $34M, an increase of 51% Y/Y, and Free Cash Flow of $26M, an increase of 93% Y/Y • Raising 4Q24 revenue growth guidance to 40% Y/Y NEW ...
Zeta Q3 Earnings: 2025 Guidance Points To Revenue Growth Rate Deceleration, Still A Buy
Seeking Alpha· 2024-11-12 09:38
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
ZETA(ZETA) - 2024 Q3 - Earnings Call Transcript
2024-11-12 01:34
Zeta Global Holdings Corp. (NYSE:ZETA) Q3 2024 Earnings Conference Call November 11, 2024 4:30 PM ET Company Participants Madison Serras - IR David Steinberg - Co-Founder, Chairman and CEO Chris Greiner - CFO Conference Call Participants DJ Hynes - Canaccord Genuity Arjun Bhatia - William Blair Richard Baldry - ROTH Ryan MacDonald - Needham Terry Tillman - Truist Securities Jackson Ader - KeyBanc Matt Swanson - RBC Jason Kreyer - Craig-Hallum Elizabeth Porter - Morgan Stanley Koji Ikeda - Bank of America Za ...