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On Thu, 20 Feb, 8:11 AM UTC
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[1]
TTD INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead the Trade Desk Class Action Lawsuit - Trade Desk (NASDAQ:TTD)
SAN DIEGO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of The Trade Desk, Inc. TTD Class A common stock between May 9, 2024 and February 12, 2025, inclusive (the "Class Period"), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit. Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade Desk class action lawsuit charges Trade Desk and certain of Trade Desk's top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Trade Desk class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-the-trade-desk-inc-class-action-lawsuit-ttd.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. CASE ALLEGATIONS: Trade Desk operates as a technology company offering a self-service, cloud-based, ad-buying platform. According to the Trade Desk class action lawsuit, leading up to the Class Period, Trade Desk launched Kokai on June 6, 2023, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending. The Trade Desk class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, particularly in transitioning clients to Kokai from Trade Desk's older platform Solimar; (ii) such execution challenges meaningfully delayed the Kokai rollout; and (iii) Trade Desk's inability to effectively execute the Kokai rollout negatively impacted Trade Desk's business and operations, including revenue growth. The Trade Desk class action lawsuit further alleges that on February 12, 2025, Trade Desk issued a press release announcing its financial results for the fourth quarter and full year of 2024. Specifically, Trade Desk reported fourth quarter revenue of $741 million - below Trade Desk's previously issued guidance of $756 million and analysts' estimates of $759.8 million, according to the complaint. Additionally, Trade Desk's revenue guidance of at least $575 million for the first quarter of 2025 missed analysts' estimates of $581.5 million, according to the Trade Desk class action lawsuit. On this news, the price of Trade Desk Class A common stock fell by more than 32%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Trade Desk Class A common stock during the Class Period to seek appointment as lead plaintiff in the Trade Desk class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Trade Desk class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Trade Desk class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Trade Desk class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases - over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever - $7.2 billion - in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com TTDThe Trade Desk Inc$75.950.29%OverviewMarket News and Data brought to you by Benzinga APIs
[2]
TTD INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Trade Desk (NASDAQ:TTD)
SAN DIEGO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of The Trade Desk, Inc. TTD Class A common stock between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit. Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade Desk class action lawsuit charges Trade Desk and certain of Trade Desk's top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Trade Desk class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-the-trade-desk-inc-class-action-lawsuit-ttd.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. CASE ALLEGATIONS: Trade Desk operates as a technology company offering a self-service, cloud-based, ad-buying platform. According to the Trade Desk class action lawsuit, leading up to the Class Period, Trade Desk launched Kokai on June 6, 2023, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending. The Trade Desk class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, particularly in transitioning clients to Kokai from Trade Desk's older platform Solimar; (ii) such execution challenges meaningfully delayed the Kokai rollout; and (iii) Trade Desk's inability to effectively execute the Kokai rollout negatively impacted Trade Desk's business and operations, including revenue growth. The Trade Desk class action lawsuit further alleges that on February 12, 2025, Trade Desk issued a press release announcing its financial results for the fourth quarter and full year of 2024. Specifically, Trade Desk reported fourth quarter revenue of $741 million - below Trade Desk's previously issued guidance of $756 million and analysts' estimates of $759.8 million, according to the complaint. Additionally, Trade Desk's revenue guidance of at least $575 million for the first quarter of 2025 missed analysts' estimates of $581.5 million, according to the Trade Desk class action lawsuit. On this news, the price of Trade Desk Class A common stock fell by more than 32%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Trade Desk Class A common stock during the Class Period to seek appointment as lead plaintiff in the Trade Desk class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Trade Desk class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Trade Desk class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Trade Desk class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases - over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever - $7.2 billion - in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com TTDThe Trade Desk Inc$72.610.76%OverviewMarket News and Data brought to you by Benzinga APIs
[3]
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, Feb. 20, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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"). 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. 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 case@rosenlegal.com 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. 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 case@rosenlegal.com 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 case@rosenlegal.com www.rosenlegal.com TTDThe Trade Desk Inc$75.90-1.11%OverviewMarket News and Data brought to you by Benzinga APIs
[4]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, Feb. 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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"). 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. 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 case@rosenlegal.com 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. 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 case@rosenlegal.com 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 case@rosenlegal.com www.rosenlegal.com TTDThe Trade Desk Inc$71.79-5.20%OverviewMarket News and Data brought to you by Benzinga APIs
[5]
ROSEN, A LEADING NATIONAL FIRM, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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"). 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. 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 case@rosenlegal.com 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. 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 case@rosenlegal.com 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 case@rosenlegal.com www.rosenlegal.com TTDThe Trade Desk Inc$73.42-2.08%OverviewMarket News and Data brought to you by Benzinga APIs
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Shareholders that lost money on The Trade Desk, Inc.(TTD) should contact The Gross Law Firm about pending Class Action - TTD - Trade Desk (NASDAQ:TTD)
NEW YORK, Feb. 26, 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=132058&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=132058&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: dg@securitiesclasslaw.com Phone: (646) 453-8903 TTDThe Trade Desk Inc$72.93-2.73%OverviewMarket News and Data brought to you by Benzinga APIs
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TTD Robbins Geller Rudman & Dowd LLP Announces that The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of The Trade Desk, Inc. (NASDAQ: TTD) Class A common stock between May 9, 2024 and February 12, 2025, both dates inclusive (the "Class Period"), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit. Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade Desk class action lawsuit charges Trade Desk and certain of Trade Desk's top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Trade Desk class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-the-trade-desk-inc-class-action-lawsuit-ttd.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. CASE ALLEGATIONS: Trade Desk operates as a technology company offering a self-service, cloud-based, ad-buying platform. According to the Trade Desk class action lawsuit, leading up to the Class Period, Trade Desk launched Kokai on June 6, 2023, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending. The Trade Desk class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, particularly in transitioning clients to Kokai from Trade Desk's older platform Solimar; (ii) such execution challenges meaningfully delayed the Kokai rollout; and (iii) Trade Desk's inability to effectively execute the Kokai rollout negatively impacted Trade Desk's business and operations, including revenue growth. The Trade Desk class action lawsuit further alleges that on February 12, 2025, Trade Desk issued a press release announcing its financial results for the fourth quarter and full year of 2024. Specifically, Trade Desk reported fourth quarter revenue of $741 million - below Trade Desk's previously issued guidance of $756 million and analysts' estimates of $759.8 million, according to the complaint. Additionally, Trade Desk's revenue guidance of at least $575 million for the first quarter of 2025 missed analysts' estimates of $581.5 million, according to the Trade Desk class action lawsuit. On this news, the price of Trade Desk Class A common stock fell by more than 32%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Trade Desk Class A common stock during the Class Period to seek appointment as lead plaintiff in the Trade Desk class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Trade Desk class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Trade Desk class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Trade Desk class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases - over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever - $7.2 billion - in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. View source version on businesswire.com: https://www.businesswire.com/news/home/20250221779920/en/
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Saxena White P.A. Files Securities Fraud Class Action Against The Trade Desk, Inc. and Certain of Its Executives - Trade Desk (NASDAQ:TTD)
BOCA RATON, Fla., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities fraud class action lawsuit (the "Class Action") in the United States District Court for the Central District of California against The Trade Desk, Inc. ("Trade Desk" or the "Company") TTD and certain of its executive officers (collectively, "Defendants"). The Class Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and U.S. Securities and Exchange Commission ("SEC") Rule 10b-5 promulgated thereunder on behalf of all persons or entities that purchased Trade Desk Class A common stock between May 9, 2024 and February 12, 2025, inclusive (the "Class Period"), and were damaged thereby (the "Class"). The Class Action filed by Saxena White is captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. Trade Desk, Inc., et al., No. 25-cv-1396 (C.D. Cal.). Based in Ventura, California, Trade Desk provides global technology services, offering a self-service, cloud-based, ad-buying platform that allows marketers to plan, manage, optimize, and measure data-driven ad campaigns. Trade Desk's Class A common stock is listed and traded on the Nasdaq Global Select Market (NASDAQ) under the ticker symbol "TTD." Leading up to the Class Period, Trade Desk launched Kokai on June 6, 2023, a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending. In a press release announcing the Kokai launch, Trade Desk described Kokai as a "co-pilot to the programmatic marketer" that digests over 13 million advertising impressions every second, helping "advertisers buy the right ad impressions, at the right price, to reach the target audience at the best time." Immediately after the Kokai launch, Trade Desk began rolling out Kokai (the "Kokai Rollout") which included transitioning clients to Kokai from the Company's older ad-buying platform Solimar. Trade Desk described the Kokai Rollout as the "largest platform overhaul" in the Company's history, while estimating that the Kokai Rollout "would take about a year to roll out in its entirety" from the June 2023 launch. Throughout the Class Period, Defendants continuously touted the value that the Kokai Rollout was providing to its clients, as well as Kokai's positive impact on the Company's revenue growth metrics. The Class Action alleges that, during the Class Period, the Defendants made materially false and misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects, including that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out 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. The truth emerged after markets closed on February 12, 2025, when Trade Desk issued a press release reporting fourth quarter 2024 revenue of $741 million -- below the Company's previously issued guidance of $756 million and analysts' estimates of $759.8 million. On an earnings call held the same day, the Company's CEO admitted that Trade Desk had not yet transitioned all of its clients to Kokai, and was still "maintaining 2 systems, Solimar and Kokai." The CEO further conceded that "Kokai rolled out slower than anticipated," but also "in some cases, the slower Kokai rollout was deliberate." On this news, the price of Trade Desk Class A common stock dropped $40.31 per share, or more than 32%, from a closing price of $122.23 per share on February 12, 2025, to a closing price of $81.92 per share on February 13, 2025. If you purchased Trade Desk Class A common stock during the Class Period and were damaged thereby, you are a member of the "Class" and may be able to seek appointment as lead plaintiff. If you wish to apply to be lead plaintiff, a motion on your behalf must be filed with the U.S. District Court for the Central District of California no later than April 21, 2025. The lead plaintiff is a court-appointed representative for absent members of the Class. You do not need to seek appointment as lead plaintiff to share in any Class recovery in the Class Action. If you are a Class member and there is a recovery for the Class, you can share in that recovery as an absent Class member. You may contact Marco A. Dueñas (mduenas@saxenawhite.com), a Senior Attorney at Saxena White P.A., to discuss your rights regarding the appointment of lead plaintiff or your interest in the Class Action. You also may retain counsel of your choice to represent you in the Class Action. You may obtain a copy of the Complaint and inquire about actively joining the Class Action at www.saxenawhite.com. Saxena White P.A., with offices in Florida, New York, California, and Delaware, is a leading national law firm focused on prosecuting securities class actions and other complex litigation on behalf of injured investors. Currently serving as lead counsel in numerous securities class actions nationwide, Saxena White has recovered billions of dollars on behalf of injured investors. CONTACT INFORMATION Marco A. Dueñas, Esq. mduenas@saxenawhite.com Saxena White P.A. 10 Bank Street, Suite 882 White Plains, New York 10606 Tel.: (914) 437-8551 Fax: (888) 631-3611 www.saxenawhite.com TTDThe Trade Desk Inc$76.72-4.13%Overview Rating:Speculative37.5%Technicals Analysis660100Financials Analysis200100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs
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Saxena White P.A. Files Securities Fraud Class Action Against The Trade Desk, Inc. and Certain of Its Executives
, (GLOBE NEWSWIRE) -- . has filed a securities fraud class action lawsuit (the "Class Action") in the against ("Trade Desk" or the "Company") (NASDAQ: TTD) and certain of its executive officers (collectively, "Defendants"). The Class Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and ("SEC") Rule 10b-5 promulgated thereunder on behalf of all persons or entities that purchased Trade Desk Class A common stock between and , inclusive (the "Class Period"), and were damaged thereby (the "Class"). The Class Action filed by Saxena White is captioned , Waterproofers & Allied Workers Local Union No. 8 v. , et al., No. 25-cv-1396 (.). Based in , provides global technology services, offering a self-service, cloud-based, ad-buying platform that allows marketers to plan, manage, optimize, and measure data-driven ad campaigns. Trade Desk's Class A common stock is listed and traded on the Nasdaq Global Select Market (NASDAQ) under the ticker symbol "TTD." Leading up to the Class Period, launched Kokai on , a generative artificial intelligence ("AI") forecasting tool that enables users to more effectively deploy advertising spending. In a press release announcing the Kokai launch, described Kokai as a "co-pilot to the programmatic marketer" that digests over 13 million advertising impressions every second, helping "advertisers buy the right ad impressions, at the right price, to reach the target audience at the best time." Immediately after the Kokai launch, began rolling out Kokai (the "Kokai Rollout") which included transitioning clients to Kokai from the Company's older ad-buying platform Solimar. described the Kokai Rollout as the "largest platform overhaul" in the Company's history, while estimating that the Kokai Rollout "would take about a year to roll out in its entirety" from the launch. Throughout the Class Period, Defendants continuously touted the value that the Kokai Rollout was providing to its clients, as well as Kokai's positive impact on the Company's revenue growth metrics. The Class Action alleges that, during the Class Period, the Defendants made materially false and misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects, including that: (1) was experiencing significant, ongoing, self-inflicted execution challenges rolling out 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. The truth emerged after markets closed on , when issued a press release reporting fourth quarter 2024 revenue of million -- below the Company's previously issued guidance of and analysts' estimates of . On an earnings call held the same day, the Company's CEO admitted that had not yet transitioned all of its clients to Kokai, and was still "maintaining 2 systems, Solimar and Kokai." The CEO further conceded that "Kokai rolled out slower than anticipated," but also "in some cases, the slower Kokai rollout was deliberate." On this news, the price of Trade Desk Class A common stock dropped per share, or more than 32%, from a closing price of per share on , to a closing price of per share on . If you purchased Trade Desk Class A common stock during the Class Period and were damaged thereby, you are a member of the "Class" and may be able to seek appointment as lead plaintiff. If you wish to apply to be lead plaintiff, a motion on your behalf must be filed with the no later than . The lead plaintiff is a court-appointed representative for absent members of the Class. You do not need to seek appointment as lead plaintiff to share in any Class recovery in the Class Action. If you are a Class member and there is a recovery for the Class, you can share in that recovery as an absent Class member. You may contact Marco A. Dueñas (mduenas@saxenawhite.com), a Senior Attorney at ., to discuss your rights regarding the appointment of lead plaintiff or your interest in the Class Action. You also may retain counsel of your choice to represent you in the Class Action. You may obtain a copy of the Complaint and inquire about actively joining the Class Action at www.saxenawhite.com. ., with offices in , , and , is a leading national law firm focused on prosecuting securities class actions and other complex litigation on behalf of injured investors. Currently serving as lead counsel in numerous securities class actions nationwide, Saxena White has recovered billions of dollars on behalf of injured investors.
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Multiple law firms announce class action lawsuits against The Trade Desk, Inc. for alleged misleading statements about the rollout of its AI-powered advertising tool, Kokai.
The Trade Desk, Inc. (NASDAQ: TTD), a prominent technology company offering a cloud-based ad-buying platform, is facing multiple class action lawsuits over alleged misleading statements regarding the rollout of its artificial intelligence (AI) tool, Kokai 12345.
The lawsuits, filed by various law firms including Robbins Geller Rudman & Dowd LLP and Rosen Law Firm, allege that The Trade Desk and its top executives made false and misleading statements during the period between May 9, 2024, and February 12, 2025 13. The primary allegations include:
On February 12, 2025, The Trade Desk announced its financial results for the fourth quarter and full year of 2024 2. The company reported:
Following this announcement, the price of Trade Desk Class A common stock reportedly fell by more than 32% 15.
The class action lawsuits have been filed on behalf of purchasers of The Trade Desk's Class A common stock during the specified period 34. Key points for affected investors include:
Kokai, launched on June 6, 2023, is a generative AI forecasting tool designed to enable users to more effectively deploy advertising spending 24. The tool was positioned as a significant advancement in The Trade Desk's offerings, making the alleged challenges in its rollout particularly impactful for the company's market position and investor confidence 135.
This case highlights the challenges and risks associated with implementing AI technologies in the advertising industry. It underscores the importance of effective execution and transparent communication when rolling out advanced AI tools, especially for publicly traded companies where such developments can significantly impact stock performance and investor relations 345.
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Multiple law firms have filed class action lawsuits against The Trade Desk, alleging misleading statements about the rollout of their AI forecasting tool Kokai.
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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.
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Investors file a class action lawsuit against The Trade Desk, alleging misleading statements about the rollout of its AI forecasting tool, Kokai. The lawsuit claims execution challenges impacted the company's business and operations.
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The Trade Desk (TTD) shares surge following impressive Q2 earnings report. Analysts raise price targets, citing strong performance and positive outlook.
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Rosen Law Firm has filed a class action lawsuit against TELUS International, alleging the company misled investors about its AI capabilities and their impact on profitability.
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