Zeta Global Holdings Corp. Under Investigation Amid Allegations

• Zeta Global Holdings Corp. (NYSE:ZETA) stock dropped 37.14% following accusations of deceptive data collection.
• CEO and director show confidence in Zeta's future, purchasing significant shares despite ongoing investigations.
• The stock demonstrates resilience with a 12.89% rebound amidst volatility and legal scrutiny.

Zeta Global Holdings Corp. (NYSE:ZETA) is facing scrutiny as Kessler Topaz Meltzer & Check, LLP investigates potential violations of federal securities laws. This follows a report by Culper Research accusing Zeta of deceptive data collection through sham websites. These allegations have significantly impacted Zeta's stock, causing a 37.14% drop, closing at $17.74 per share on November 13, 2024.

Despite the controversy, key figures within Zeta have shown confidence in the company. On November 18, 2024, CEO Steinberg David purchased 53,676 shares at $19.24 each, increasing his total holdings to 65,310 shares. Similarly, director Khan Imran acquired 55,000 shares at approximately $18.96 each. These transactions suggest a belief in the company's potential recovery.

Zeta's stock has shown resilience, rebounding to $19.85, a 12.89% increase from its recent low. The stock's daily range fluctuated between $18.28 and $20.12, indicating volatility amid ongoing investigations. Over the past year, Zeta's stock has seen a high of $38.20 and a low of $7.65, reflecting significant market fluctuations.

The company's market capitalization is approximately $4.71 billion, with a trading volume of 14.12 million shares. This indicates strong investor interest despite the legal challenges. Investors affected by the stock's decline are encouraged to contact Kessler Topaz Meltzer & Check, LLP, known for recovering billions in securities fraud cases.