ZETA CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud …
The Law Offices of Frank R. Cruz recently filed a class action lawsuit against Zeta Global Holdings Corp. on behalf of investors who purchased Zeta securities between February 27, 2024, and November 13, 2024. The lawsuit alleges securities fraud under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
Investors have until January 21, 2025, to participate in the lawsuit as lead plaintiffs. The allegations stem from a report published by Culper Research on November 13, 2024. The report raised concerns about Zeta’s data collection practices and financial reporting integrity. Specifically, the report claimed that Zeta engaged in two-way contracts with consent farms to inflate revenue and collected consumer data from sham websites through misleading tactics.
Following the report, Zeta’s stock price fell by 37.07%, prompting the class action lawsuit. The complaint alleges that Zeta made false and misleading statements about its business operations and prospects during the Class Period.
If you were a Zeta shareholder during the Class Period and suffered losses, you have the opportunity to join the class action lawsuit. To learn more or inquire about your rights, you can contact The Law Offices of Frank R. Cruz. The deadline to move the Court as lead plaintiff is January 21, 2025. Remember, you do not need to take any action now to be a member of the Class, but seeking legal counsel is advisable.
For more updates on the case, you can follow The Law Offices of Frank R. Cruz on Twitter. Contact information for inquiries or participation in the lawsuit is available on their website. Please note that this press release may be considered Attorney Advertising in some jurisdictions.
