Zeta Global Holdings Corp. (ZETA) saw its stock price plummet by 5.12% on Tuesday, November 26th, during intraday trading. This significant drop came amid news of a class action securities lawsuit being filed against the company.
According to reports, the lawsuit seeks to recover losses incurred by investors in Zeta Global Holdings Corp. The class action alleges that the company made false and misleading statements or failed to disclose certain information, violating federal securities laws.
The prospect of legal action against the company appears to have rattled investors, leading to the steep decline in ZETA's stock price. As the lawsuit progresses, further details may emerge that could shed more light on the specific allegations and their potential impact on the company's operations and financial standing.
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