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Lowey Dannenberg Notifies Zeta Global Holdings Corp. ("Zeta" or the "Company") (NYSE: ZETA) ...

From Eagle-Tribune

Lowey Dannenberg Notifies Zeta Global Holdings Corp. ("Zeta" or the "Company") (NYSE: ZETA) ...

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Zeta Global Holdings Corp. ("Zeta" or the "Company") (NYSE: ZETA) for violations of the federal securities laws on behalf of investors who purchased or acquired Zeta common stock between February 27, 2024 and November 13, 2024, inclusive (the "Class Period").

On November 22, 2024, a complaint was filed against the Company and certain of its current officers, alleging that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) that Zeta used two-way contracts to artificially inflate financial results; (2) that Zeta engaged in round trip transactions to artificially inflate financial results; (3) that Zeta utilized predatory consent farms to collect user data; (4) that these consent farms have driven almost the entirety of Zeta's growth; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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