Core Viewpoint - A securities class action lawsuit has been filed against Zeta Global Holdings Corp. for allegedly making materially false and misleading statements regarding its business operations and financial results during the Class Period from February 27, 2024, to November 13, 2024 [1]. Allegations of Misconduct - The complaint alleges that Zeta used two-way contracts and round trip transactions to artificially inflate financial results [3] - It is claimed that Zeta utilized predatory consent farms to collect user data, which have driven almost all of the company's growth [3] - The positive statements made by Zeta regarding its business and prospects were misleading and lacked a reasonable basis due to the undisclosed adverse facts [3] Lead Plaintiff Process - Investors in Zeta can seek to be appointed as a lead plaintiff representative of the class by January 21, 2025, or may choose to remain absent [4] - The lead plaintiff acts on behalf of all class members and selects counsel to represent the class [4] Contact Information - Kessler Topaz Meltzer & Check, LLP encourages Zeta investors who have suffered losses to contact them for more information [5]
Class Action Announcement for Zeta Global Holdings Corp. (ZETA): Kessler Topaz Meltzer & Check, LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Zeta Global Holdings Corp.