Zeta Global (ZETA) on Wednesday issued a second rebuttal to address allegations from a short-seller report published on Nov. 13.
The company denied the report's allegations, calling them misleading and false claims intended to drive down its stock value.
"The self-serving 'report' was filled with highly misleading and objectively false claims about Zeta and was written with a clear agenda," Co-Founder, Chairman, and Chief Executive David Steinberg said, adding that the company's data management, privacy practices, and financial reporting comply with all applicable laws.
Steinberg underscored his confidence by confirming a newly approved $100 million stock buyback program and announcing insider stock purchases by its management and board members, adding that Zeta is taking advantage of the current stock price dip to fast-track its buyback program.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。