NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Zeta Global Holdings Corp. ("Zeta" or the "Company") (NYSE:ZETA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Zeta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On November 13, 2024, Culper Research published a report alleging that the Company has been engaged in deceptive data collection practices. The report claims Zeta uses "consent farms"-websites that gather consumer data through misleading tactics-and highlights Zeta's undisclosed "two-way" contracts with third-party data providers, raising concerns about potential round-tripping.
On this news, Zeta's stock price fell $10.46 per share, or 37.07%, to close at $17.76 per share on November 13, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP
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