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INTRODUCTION TO THE ZETA GLOBAL ACTION LAWSUIT

Contact us today for a free case evaluation in the Zeta Global class action lawsuit

The recent allegations against Zeta Global Holdings Corp. have sent shockwaves through the investment community, prompting a class action lawsuit that seeks to represent purchasers of the company's securities. The Zeta Global class action lawsuit stems from claims of misleading practices and artificial inflation of financial results, leaving many investors questioning their options and the potential for recovery. As the situation unfolds, it is crucial for affected parties to understand the intricacies of the case, their rights, and the avenues available for seeking redress.

The Zeta Global class action lawsuit has brought to light serious concerns regarding the company's data collection methods and financial reporting practices. Investors who acquired Zeta Global securities between February 27, 2024, and November 13, 2024 ("Class Period"), and suffered a loss may find are automatically a part of the Class. The allegations paint a troubling picture of a company potentially engaging in deceptive practices to bolster its financial standing and market position.

As the legal process moves forward, investors are faced with important decisions regarding their involvement in the class action. This comprehensive guide attempts to provide a comprehensive overview of the Zeta Global lawsuit, exploring the allegations in detail, the potential impact on investors, and the steps individuals can take to protect their interests. By examining the case from multiple angles, we seek to equip readers with the knowledge necessary to make informed decisions about their legal options and financial future.

If you have suffered losses in Zeta Global stock and are interested in becoming the lead plaintiff in the Zeta Global class action lawsuit or have any inquiries regarding your rights as a shareholder, please reach out to Zeta Global Stock Loss Lawyer Timothy L. Miles at no cost. You can contact him by calling 855/846-6529, sending an e-mail to [email protected], or filling out a contact form below.

Lead plaintiff motions for the Zeta Global ​class action lawsuit must be filed with the court no later than January 21, 2024.​

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Understanding the Zeta Global Class Action Lawsuit

The Zeta Global class action lawsuit represents a significant legal challenge for the marketing technology company and its executives. Filed on behalf of investors who purchased or acquired Zeta Global securities during a specific timeframe, this lawsuit alleges violations of federal securities laws and seeks to recover damages for affected shareholders.

Background of Zeta Global Holdings Corp.

Zeta Global positions itself as a leading player in the marketing technology sector, offering cloud-based solutions to assist marketers in customer acquisition and retention. The company's platform purportedly leverages one of the industry's largest opted-in data sets to deliver targeted marketing strategies. This data-driven approach has been central to Zeta Global's value proposition and market appeal.

Timeline of Events Leading to the Zeta Global Class Action Lawsuit

The events precipitating the class action lawsuit unfolded over several months:

1. February 27, 2024: Beginning of the class period, during which investors purchased Zeta Global securities based on allegedly misleading information.
2. November 13, 2024: Publication of the Culper Research report, which detailed allegations against Zeta Global.
3. November 13, 2024: Significant drop in Zeta Global's stock price following the report's release.
4. Post-November 13, 2024: Filing of the Zeta Global class action lawsuit on behalf of affected investors.

Key Allegations Against Zeta Global

The lawsuit centers on several critical allegations:

1. Use of two-way contracts to artificially inflate financial results
2. Engagement in round-trip transactions to further boost financial metrics
3. Utilization of predatory consent farms to collect user data
4. Misrepresentation of the source and nature of the company's growth

​These allegations suggest a pattern of behavior aimed at presenting a more favorable financial picture to investors and the market at large. The lawsuit contends that these practices were material misrepresentations that violated securities laws and led to investor losses.

Detailed Examination of the Allegation in the Zeta Global class action lawsuits

The Zeta Global class action lawsuit brings forth a series of allegations that warrant closer scrutiny. Each claim represents a potential violation of securities laws and raises questions about the company's business practices and financial reporting.

Two-Way Contracts and Financial Inflation

Contact Timothy L. Miles for a free case evaluation in the Zeta Global class action lawsuit

One of the central allegations involves Zeta Global's use of two-way contracts with third-party consent farms. According to the Zeta Global class action lawsuit:​

• Zeta Global allegedly acted simultaneously as both a supplier and buyer of consumer data.
• This arrangement potentially allowed the company to inflate reported revenue growth.
• The practice raises concerns about the authenticity of Zeta Global's financial statements.

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Round-Trip Transactions

• 2021: Humacyte becomes a publicly traded company through a merger with a special purpose acquisition company (SPAC), listing on NASDAQ under the ticker HUMA.
• December 2023: The company submits a Biologics License Application (BLA) to the FDA for ATEV in vascular trauma repair, marking a significant step towards potential commercialization.

Predatory Consent Farms and Data Collection

Perhaps the most troubling allegation concerns Zeta Global's data collection methods:

• The company is accused of operating a network of "sham websites" designed to collect consumer data under false pretenses.
• These sites allegedly include fake job boards and other deceptive platforms.
• The lawsuit claims that data obtained through these means constitutes Zeta Global's "most valuable data."
• This practice, if true, not only raises ethical concerns but also potential legal issues regarding data privacy and consumer protection laws.

Misrepresentation of Growth Sources

The final key allegation ties together the previous claims:

• The Zeta Global class action lawsuit asserts that the aforementioned consent farms are responsible for "almost the entirety of the Company's growth."
• This suggests that Zeta Global's reported growth may not be based on legitimate business expansion or market success.
• Instead, the growth could be largely attributed to potentially deceptive and unsustainable practices.
• These allegations, taken together, paint a picture of a company potentially engaged in systematic misrepresentation of its business model, data sources, and financial performance.

Impact on Investors and Market Reaction

The allegations against Zeta Global have had a profound impact on investors and the broader market. Understanding this impact is crucial for those considering their options in light of the Zeta Global class action lawsuit.

Stock Price Volatility

The immediate and most visible consequence of the allegations was a dramatic drop in Zeta Global's stock price:

• On November 13, 2024, following the release of the Culper Research report, Zeta Global's stock plummeted by approximately 37%.
• The stock closed at $17.76 per share, down from $28.22 the previous day.
• This sharp decline represents a significant loss of market value and investor wealth.

The volatility in stock price reflects the market's reaction to the allegations and the uncertainty surrounding Zeta Global's future prospects.

Investor Losses and Financial Implications

The stock price drop has resulted in substantial losses for many investors:

• Shareholders who purchased Zeta Global securities during the class period may have incurred significant financial losses.
• The extent of individual losses varies depending on the timing and volume of stock purchases.
• Some investors may face challenges in recovering their investments, particularly if the allegations prove true.

These financial implications underscore the importance of the class action lawsuit as a potential means of recovery for affected investors.

Market Confidence and Future Outlook

Beyond immediate financial losses, the allegations have broader implications for market confidence in Zeta Global:

• The integrity of Zeta Global's business model and financial reporting has been called into question.
• Investor trust in the company's management and governance practices may be eroded.
• The long-term outlook for Zeta Global remains uncertain, pending the outcome of the lawsuit and any potential regulatory investigations.

These factors contribute to a challenging environment for current and prospective investors, necessitating careful consideration of the risks and potential outcomes.

Investor Options and Considerations

Investors affected by the Zeta Global class action lawsuit have several options to consider. Each path forward comes with its own set of considerations and potential outcomes.

Participating in the Zeta Global Class Action Lawsuit

If you purchased shares of Zeta Global during the Class Period and suffered a loss, you are automatically a member of the Class and do not need to do anything further at this point unless you sustained significant losses and are considering moving for Lead Plaintiff.

Opting Out of the Zeta Lawsuit and Pursuing Individual Action

Some investors may choose to opt out of the class action:

• Reasons: This might be preferable for investors with substantial losses or unique circumstances.
• Advantages: Individual actions allow for more control over the legal strategy and potential settlement terms.
• Risks: Individual lawsuits can be more costly and time-consuming than participating in a class action.

This option requires careful consideration of the potential costs and benefits, ideally with the guidance of experienced securities litigation counsel. Note, if you opt out you will not be able to participate in an settlement or judgement obtained in the Zeta Global class action lawsuit.

Monitoring the Situation

For some investors, a wait-and-see approach may be appropriate:

• Stay Informed: Keep track of developments in the lawsuit and any company responses.
• Assess Impact: Evaluate how the ongoing situation affects your investment strategy.
• Preserve Rights: Be aware of any deadlines for joining the class action or filing individual claims.

This approach allows investors to make more informed decisions as more information becomes available.

Seeking Lead Plaintiff Status in the Zeta Global Class Action Lawsuit

Investors with significant losses may apply to serve as lead plaintiff in the Zeta Global Class Action Lawsuit. As described below, the lead plaintiff plays a crucial role in directing the litigation and representing the interests of the class members. If you are considering moving for lead plaintiff, call Timothy L. Miles for a free and confidential case evaluation. (24/7 no charge).

Seeking Professional Advice

Given the complexity of securities litigation, seeking professional advice is often prudent:

• Legal Counsel: Consult with attorneys practicing in securities law such as Timothy L. Miles, at no charge, to understand your rights and options.
• Financial Advisors: Discuss the impact on your overall investment portfolio and strategy.
• Tax Professionals: Consider any tax implications of potential recoveries or losses.

Professional guidance can help investors navigate the complexities of their situation and make informed decisions.

The Role of Lead Plaintiff IN THE Zeta Global Class Action Lawsuit

In securities class action lawsuits like the Zeta Lawsuit ​class action lawsuit, the role of lead plaintiff is crucial.  The lead plaintiff selection process is governed by the Private Securities Litigation Reform Act of 1995 (PSLRA) and allows any investor who purchased and suffered losses in Zeta stock to seek appointment as lead plaintiff in the Zeta class action​ lawsuit.

Definition and Responsibilities

The lead plaintiff serves as the representative for the entire class:

• Appointment: Typically, the court appoints the investor or group of investors with the largest financial interest in the case.
• Duties: Lead plaintiffs work closely with attorneys to make important decisions about the litigation.
• Oversight: They monitor the progress of the case and ensure that the interests of all class members are represented.

This role carries significant responsibilities and can influence the direction and outcome of the lawsuit.

Benefits and Challenges

​Serving as lead plaintiff comes with both advantages and potential drawbacks:
Benefits:

• Greater control over the litigation strategy
• Choosing the law firm of your choice to represent the Class
• Opportunity to actively participate in seeking justice
• Providing input on any decision concerning the settlement of the securities class action

Challenges:

• Time commitment required for case involvement
• Potential exposure to discovery and depositions
• Responsibility for making decisions on behalf of the class

Investors considering this role should weigh these factors carefully.

Eligibility Criteria for Lead Plaintiff Appointment in the Zeta Global Class Action Lawsuit

To be eligible for appointment as the lead plaintiff in the Zeta Global class action lawsuit class action lawsuit, an investor must meet the following criteria:

1. Securities Acquisition: The investor must have purchased or acquired Zeta Global Holdings Corp. ZETA) securities between February 27, 2024, and November 13, 2024​, inclusive.
2. Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by Zeta Global, and its executives.
3. Typicality and Adequacy: The investor's legal claims must be typical of those asserted on behalf of the class, and they must demonstrate their ability to adequately represent the interests of the entire class through experience, resources, and the absence of conflicts of interest.

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the Zeta Global ​class action lawsuit, as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

NO COST TO HIRE A Zeta Global STOCK LOSS LAWYER: CONTINGENCY FEE ARRANGEMENTS

If you suffered losses in Zeta Global stock, call Timothy L. Miles today for a free case evaluation

Many securities litigation attorneys, including Timothy L. Miles, operate on a contingency fee basis, which means clients do not pay any upfront fees or costs. Instead, the attorney's fees and expenses are deducted from any settlement or judgment recovered on behalf of the class, typically as a court-approved percentage of the total recovery.
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This arrangement ensures that investors can pursue their legal rights without bearing the financial burden of costly litigation, as the attorneys assume the risk and only receive compensation if they achieve a successful outcome for the class.

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CONTACT TIMOTHY L MILES TODAY ABOUT A Zeta Global CLASS ACTION LAWSUIT

​If you suffered losses in Zeta Global​ stock, contact Zeta Global​ stock loss lawyer Timothy L. Miles today for a free case evaluation about a Zeta Global​ class action lawsuit. Call today and see what a Humacyte​ stock loss lawyer could do for you if you suffered losses in Zeta Global​​​ ​stock. ​This will most likely be the only call you need to make. (855) 846–6529 or [email protected]. ​

FOR FURTHER INFORMATION OR ANY ADDITIONA QUESTIONS ABOUT THE ZETA GLOBAL CLASS ACTION LAWSUIT

Please contact Timothy L. Miles, at no charge, who would be happy to any questions you may be have about the lead plaintiff process or anything else about the case including your rights as a shareholder. You can reach Mr. Miles toll-free at (855) 846–6529 or via email at [email protected] or by submitting the contact form below or above or clicking on the "Contact Us" button on the side. This will be the only call you have to make.

(855) TIM-M-LAW (855) 846-6529

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ZETA GLOBAL CLASS ACTION LAWSUIT
ZETA GLOBAL STOCK LOSS LAWYER
TIMOTHY L. MILES
300 CENTERVIEW DR, UNIT 247
BRENTWOOD, TN 27027
​855-846-6528