ZETA(ZETA) Prnewswire·2025-01-17 16:47Core Viewpoint - A securities class action lawsuit has been filed against Zeta Global Holdings Corp. for allegedly making false and misleading statements regarding its business operations and financial results during the Class Period from February 27, 2024, to November 13, 2024 [1][2]. Allegations Against Defendants - The complaint claims that Zeta used two-way contracts and round trip transactions to artificially inflate its financial results [2]. - It is alleged that Zeta utilized predatory consent farms to collect user data, which significantly contributed to the company's growth [2]. - The positive statements made by Zeta regarding its business and prospects were misleading and lacked a reasonable basis due to the undisclosed adverse facts [2]. Lead Plaintiff Process - Investors in Zeta have until January 21, 2025, to seek appointment as a lead plaintiff representative for the class or may choose to remain absent [3]. - The lead plaintiff will represent all class members and select counsel to direct the litigation [3]. Contact Information - Kessler Topaz Meltzer & Check, LLP encourages Zeta investors who have experienced significant losses to reach out for more information [4].