Market Slump Drags Down Share Prices of These 15 Companies

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8. Zeta Global Holdings Inc. (ZETA)

Marketing technology firm Zeta Global Holdings registered a 6.84-percent decline in its share prices on Friday to finish at $17.67 each following a class action lawsuit alleging that the company failed to disclose it was artificially inflating financial results.

In the lawsuit, plaintiffs alleged that the company failed to disclose that it used two-way contracts to artificially inflate financial results, that it engaged in round trip transactions to artificially inflate financial results, utilized predatory consent farms to collect user data and that the consent farms have driven almost the entirety of Zeta’s growth.

Law firms on Friday reminded shareholders with losses on their investment to reach out to them.

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