NEWS
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating against Zeta Global Holdings Corp. for potential violations of securities laws
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that is investigating potential claims against Zeta Global Holdings Corp. ("Zeta" or the "Company") (NYSE:ZETA) on behalf of Zeta stockholders.
The investigation concerns whether Zeta and certain of its officers and/or directors have engaged in securities fraud.
On November 13, 2024, Culper Research published a report alleging "we believe that Zeta has quietly spun up its own network of consent farms i.e., sham websites that hoodwink millions of consumers each month into handing their data over to Zeta under false pretenses, baited by job applications, stimulus money, or other rewards that simply do not exist."
The investigation concerns whether Zeta and certain of its officers and/or directors have engaged in securities fraud.
On November 13, 2024, Culper Research published a report alleging "we believe that Zeta has quietly spun up its own network of consent farms i.e., sham websites that hoodwink millions of consumers each month into handing their data over to Zeta under false pretenses, baited by job applications, stimulus money, or other rewards that simply do not exist."
Following this news, the price of the Company's stock dropped $10.46 per share, closing at $17.76 per share, a decline of 37% for the day.
Wolf Haldenstein has experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas, and offices in New York, Chicago, Nashville and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly lauded by the courts, which have appointed it to major positions in complex securities, multi-district and consolidated litigation.
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yiqing222 : Should I sell it?
Jaguar8 OP yiqing222 : I don’t give that advice but this is not a pretty news for the company is all I can say at the moment
平凡人 : Is this true?
Jaguar8 OP 平凡人 : Well its a press release
Steven J : This was expected, and pretty sure Zeta is aware of this. Culper better get ready for more Lawsuits.
yiqing222 Steven J : 目前怎么办 该抛售吗 还是低价购买
Nil Jaguar8 OP : Any advice ?
72654027 : Thank you for the reminder![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")