StockNews.AI
ZETA
StockNews.AI
211 days

Lawsuit Filed Against Zeta Global Holdings Corp - Contact the DJS Law Group to Discuss Your Rights - ZETA

1. Zeta Global faces a class action lawsuit for financial misconduct. 2. The lawsuit claims Zeta inflated performance using improper contracts. 3. Round trip transactions reportedly exaggerated financial results. 4. Company's methods involved predatory user data collection. 5. Shareholders are encouraged to participate in potential recovery.

Lawsuit
+2.44%Current Return
VS
+0.45%S&P 500
$18.5801/20 03:15 AM EDTEvent Start
$19.032501/21 09:43 AM EDTLatest Updated
4m saved
Insight
Article

FAQ

Why Very Bearish?

The class action lawsuit indicates serious legal and reputational risks for ZETA, potentially leading to a decline in stock price. Historical examples, like similar lawsuits against Enron or Theranos, showcase the impact of legal troubles on stock valuations.

How important is it?

The article discusses a significant legal issue directly involving Zeta, likely affecting investor confidence and stock price. The severity of the allegations suggests a substantial chance of impact.

Why Short Term?

Immediate investor sentiment may worsen due to lawsuit news, impacting stock prices quickly. Past cases have shown that legal scandals can lead to rapid sell-offs.

Related Companies

ZETA
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Zeta Global Holdings Corp ("Zeta" or "the Company") (NYSE: ZETA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of ZETA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CASE DETAILS: According to the Complaint, Zeta created a scheme using two-way contracts to artificially improve its financial results. The Company utilized round trip transactions to inflate its performance. The Company relied on predatory consent farms to gather user data. These improper behaviors would drive the majority of the Company's growth.  If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1  Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] SOURCE DJS Law Group LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News