The Trade Desk Faces Class Action Lawsuit Over AI Tool Rollout Challenges
12 Sources
12 Sources
[1]
The Trade Desk, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 21, 2025 to Discuss Your Rights - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. TTD. Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=134097&from=3 CLASS PERIOD: May 9, 2024 to February 12, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. DEADLINE: April 21, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=134097&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TTD during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 21, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: [email protected] Phone: (646) 453-8903 TTDThe Trade Desk Inc$65.56-1.47%OverviewMarket News and Data brought to you by Benzinga APIs
[2]
ROSEN, A LEADING LAW FIRM, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD By Investing.com
New York, New York--(Newsfile Corp. - March 6, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243641
[3]
ROSEN, NATIONAL TRIAL LAWYERS, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD By Investing.com
New York, New York--(Newsfile Corp. - March 11, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244278
[4]
Levi & Korsinsky Reminds The Trade Desk, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - TTD
https://zlk.com/pslra-1/the-trade-desk-inc-lawsuit-submission-form?prid=133525&wire=4 TTD investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. WHAT'S NEXT? If you suffered a loss in The Trade Desk during the relevant time frame, you have until April 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com
[5]
Investors in The Trade Desk, Inc. Should Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in The Trade Desk, Inc. ("The Trade Desk" or the "Company") TTD of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of The Trade Desk investors who were adversely affected by alleged securities fraud between May 9, 2024 and February 12, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/the-trade-desk-inc-lawsuit-submission-form?prid=133560&wire=3 TTD investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. WHAT'S NEXT? If you suffered a loss in The Trade Desk during the relevant time frame, you have until April 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com TTDThe Trade Desk Inc$67.710.80%OverviewMarket News and Data brought to you by Benzinga APIs
[6]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 21, 2025 in The Trade Desk Lawsuit - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. TTD. Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=133015&from=3 CLASS PERIOD: May 9, 2024 to February 12, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. DEADLINE: April 21, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=133015&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TTD during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 21, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: [email protected] Phone: (646) 453-8903 TTDThe Trade Desk Inc$68.572.08%OverviewMarket News and Data brought to you by Benzinga APIs
[7]
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD By Investing.com
New York, New York--(Newsfile Corp. - March 5, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243430
[8]
The Trade Desk, Inc. Class Action: Levi & Korsinsky Reminds The Trade Desk Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in The Trade Desk, Inc. ("The Trade Desk" or the "Company") TTD of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of The Trade Desk investors who were adversely affected by alleged securities fraud between May 9, 2024 and February 12, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/the-trade-desk-inc-lawsuit-submission-form?prid=134402&wire=3 TTD investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. WHAT'S NEXT? If you suffered a loss in The Trade Desk during the relevant time frame, you have until April 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com TTDThe Trade Desk Inc$64.81-0.27%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum16.78Growth75.39Quality86.58Value12.10Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs
[9]
The Trade Desk, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in The Trade Desk, Inc. ("The Trade Desk" or the "Company") TTD of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of The Trade Desk investors who were adversely affected by alleged securities fraud between May 9, 2024 and February 12, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/the-trade-desk-inc-lawsuit-submission-form?prid=134649&wire=3 TTD investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out the Company's AI forecasting tool, Kokai, including transitioning clients to Kokai from the Company's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted the Company's business and operations, particularly revenue growth; and (4) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. WHAT'S NEXT? If you suffered a loss in The Trade Desk during the relevant time frame, you have until April 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com TTDThe Trade Desk Inc$61.79-4.81%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum15.53Growth75.24Quality89.09Value12.23Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs
[10]
TTD Investors Have Opportunity to Lead The Trade Desk, Inc. Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. So what: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome.
[11]
ROSEN, NATIONAL TRIAL LAWYERS, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD By Investing.com
New York, New York--(Newsfile Corp. - March 8, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243875
[12]
ROSEN, A LEADING LAW FIRM, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of The Trade Desk, Inc. TTD between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), of the important April 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Trade Desk Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending, including transitioning clients to Kokai from Trade Desk's older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk's inability to effectively execute the Kokai Rollout negatively impacted Trade Desk's business and operations, particularly revenue growth; and (4) as a result of the above, defendants' positive statements about Trade Desk's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Trade Desk class action, go to https://rosenlegal.com/submit-form/?case_id=35479 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com TTDThe Trade Desk Inc$61.48-5.28%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum15.53Growth75.24Quality89.09Value12.23Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs
Share
Copy Link
Multiple law firms have filed class action lawsuits against The Trade Desk, Inc. for alleged securities law violations related to the rollout of their AI forecasting tool, Kokai. Investors who purchased shares between May 9, 2024, and February 12, 2025, are encouraged to join the lawsuit before the April 21, 2025 deadline.
Class Action Lawsuit Filed Against The Trade Desk
The Trade Desk, Inc. (NASDAQ: TTD), a prominent player in the digital advertising technology sector, is facing multiple class action lawsuits alleging securities law violations. The lawsuits, filed by several law firms including The Gross Law Firm, Rosen Law Firm, and Levi & Korsinsky, LLP, claim that the company made false and misleading statements regarding the rollout of its AI forecasting tool, Kokai 123.
Allegations and Class Period
The class action lawsuits cover a period from May 9, 2024, to February 12, 2025. During this time, The Trade Desk is accused of:
- Experiencing significant, self-inflicted execution challenges in rolling out Kokai, including difficulties in transitioning clients from the older Solimar platform 4.
- Meaningfully delaying the Kokai rollout due to these execution challenges 5.
- Negatively impacting the company's business operations and revenue growth due to the inability to effectively execute the Kokai rollout 12.
- Making materially false and misleading statements about the company's business, operations, and prospects 3.
Impact on Investors
The lawsuits claim that when the true details about the Kokai rollout challenges entered the market, investors suffered damages. As a result, shareholders who purchased The Trade Desk's Class A common stock during the specified period may be entitled to compensation 23.
Legal Proceedings and Deadlines
Multiple law firms are encouraging affected investors to join the class action lawsuit:
- The deadline for investors to seek appointment as lead plaintiff is April 21, 2025 123.
- Investors can join the lawsuit without upfront costs through contingency fee arrangements 2.
- No class has been certified yet, and investors are not required to retain counsel or serve as lead plaintiffs to participate in any potential recovery 3.
The Trade Desk and Kokai
The Trade Desk is known for its digital advertising technology, and Kokai represents its venture into AI-powered advertising solutions. Kokai is described as a generative AI forecasting tool designed to enable users to deploy advertising spending more effectively 25.
Implications for the AI and AdTech Industries
This lawsuit highlights the challenges companies face when implementing advanced AI technologies in established business models. It underscores the importance of managing investor expectations and maintaining transparency during significant technological transitions 45.
As the case unfolds, it may have broader implications for how AI companies communicate about product rollouts and the potential risks associated with integrating AI solutions into existing platforms. The outcome could influence future disclosure practices in the rapidly evolving AI and advertising technology sectors.
Summarized by
Navi
[4]
NVIDIA Unveils Major GeForce NOW Upgrade with RTX 5080 Performance and Expanded Game Library
NVIDIA announces significant upgrades to its GeForce NOW cloud gaming service, including RTX 5080-class performance, improved streaming quality, and an expanded game library, set to launch in September 2025.
10 Sources
Technology
19 hrs ago
10 Sources
Technology
19 hrs ago
Nvidia Develops New AI Chip for China Amid Geopolitical Tensions
Nvidia is reportedly developing a new AI chip, the B30A, based on its latest Blackwell architecture for the Chinese market. This chip is expected to outperform the currently allowed H20 model, raising questions about U.S. regulatory approval and the ongoing tech trade tensions between the U.S. and China.
11 Sources
Technology
19 hrs ago
11 Sources
Technology
19 hrs ago
SoftBank's $2 Billion Investment in Intel: A Strategic Move in the AI Chip Race
SoftBank Group has agreed to invest $2 billion in Intel, buying common stock at $23 per share. This strategic investment comes as Intel undergoes a major restructuring under new CEO Lip-Bu Tan, aiming to regain its competitive edge in the semiconductor industry, particularly in AI chips.
18 Sources
Business
11 hrs ago
18 Sources
Business
11 hrs ago
Databricks Secures $100 Billion Valuation in Latest Funding Round, Highlighting AI Sector's Rapid Growth
Databricks, a data analytics firm, is set to raise its valuation to over $100 billion in a new funding round, showcasing the strong investor interest in AI startups. The company plans to use the funds for AI acquisitions and product development.
7 Sources
Business
3 hrs ago
7 Sources
Business
3 hrs ago
OpenAI Launches Affordable ChatGPT Go Plan in India, Eyeing Global Expansion
OpenAI introduces ChatGPT Go, a new subscription plan priced at ₹399 ($4.60) per month exclusively for Indian users, offering enhanced features and affordability to capture a larger market share.
15 Sources
Technology
11 hrs ago
15 Sources
Technology
11 hrs ago
Your Daily Dose of Curated AI News
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.
