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]

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 ...

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 ...

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]

Zeta Global Holdings (ZETA) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this cloud-based marketing technology company would post earnings of $0.10 per share when it actually produced earnings of $0.13, delivering a surprise of 30%.Over t ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Zeta Global Holdings (ZETA) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 11, 2024, might help the stock move higher if these key numbers are b ...

Zeta Global Holdings Corp (ZETA, Financial) shares experienced a 5.12% rise following the announcement of its acquisition of LiveIntent. The acquisition is expected to bolster Zeta Global's earnings and extend the capabilities of its marketing platform. Currently trading at $33.47, Zeta Global's stock has marked notable growth, with a market capitalization of $7.71 billion. Despite the significant price increase, the stock remains "Significantly Overvalued" as indicated by its GF Value GF Value of 10.19. Th ...

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Zeta Global Holdings Corp (NYSE: ZETA) concerning possible breaches of fiduciary duty. If you have been a shareholder of ZETA since at least February 23, 2022, and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/zeta-global-holdings-corp-lawsuit-submission-form or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212 ...

Shares of Zeta Global Holdings (ZETA) have gained 28.2% over the past four weeks to close the last trading session at $21.95, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $29.75 indicates a potential upside of 35.5%. The average comprises 12 short-term price targets ranging from a low of $28 to a high of $33, with a standard deviation of $1.54. While the lowest estimate indic ...

Zeta Global Holdings (ZETA) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this cloudbased marketing technology company would post earnings of $0.08 per share when it actually produced earnings of $0.01, delivering a surprise of -87.50%. Over ...