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ZETA GLOBAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Zeta Global Holdings Corp. - ZETA
ZETAZETA(US:ZETA) GlobeNewswire News Roomยท2024-11-28 02:38

Core Viewpoint - Zeta Global Holdings Corp. is facing a securities class action lawsuit for allegedly failing to disclose material information during the class period from February 27, 2024, to November 13, 2024, which may have misled investors [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the United States District Court for the Southern District of New York [1]. - The case is titled Davoodi v. Zeta Global Holdings Corp., et al., No. 24-cv-8961 [5]. Group 2: Allegations Against Zeta Global - Zeta Global and certain executives are accused of using two-way contracts and round trip transactions to artificially inflate financial results [4]. - The company allegedly utilized predatory consent farms to collect user data, which significantly contributed to its growth [4]. - Positive statements made by the defendants regarding the company's business and prospects are claimed to be materially false and misleading [4]. Group 3: Investor Information - Investors have until January 21, 2025, to file lead plaintiff applications if they purchased Zeta's securities during the specified class period [1]. - ClaimsFiler provides resources for investors to recover funds from securities class action settlements [6].