#USA #New York #Class Action #Gross Law Firm #The Trade Desk

Investors Encouraged to Join Class Action Against The Trade Desk, Inc.

Investors who acquired shares of The Trade Desk, Inc. (NASDAQ: TTD) between May 9, 2024, and February 12, 2025, are being advised to contact The Gross Law Firm regarding a potential class action lawsuit. This notice serves as an important update for shareholders who may have experienced financial losses due to certain alleged misrepresentations made by the company.

Background on the Class Action

The allegations against The Trade Desk stem from claims that during the class period, the company made significant statements that were materially false or misleading. It is believed that these statements pertained to their AI forecasting tool 'Kokai', which faced several execution problems during its rollout, impacting the transition of clients from an older platform named 'Solimar'.

Specifically, the complaint highlights four major issues:
1. Execution Challenges: The rollout of the Kokai tool faced substantial self-inflicted challenges, causing delays and operational setbacks.
2. Delayed Rollout: The difficulties encountered led to a significant delay in the Kokai rollout, which in turn negatively impacted the company’s ability to grow revenue effectively.
3. Misleading Statements: Statements made by The Trade Desk regarding its operational efficiency and market prospects were found to lack a reasonable basis, leading to investor miscalculation of the stock's value.
4. Financial Misrepresentation: As a result of these factors, the overall performance and potential profitability of the company were misrepresented to investors, presenting a falsely optimistic view.

Importance of Registration

The deadline for shareholders who wish to participate in this class action is set for April 21, 2025. It is crucial for affected investors to act promptly to secure their position. Registration is free and does not incur any costs or obligations, yet it is essential for gaining access to updates and information relevant to the case. Once registered, individuals will be enrolled in a portfolio monitoring system that will keep them informed throughout the litigation process.

The Gross Law Firm encourages all shareholders to reach out for a review of their eligibility to be appointed as lead plaintiffs. Appointment as a lead plaintiff is not a requirement to participate in the recovery process but may offer the opportunity to take a more active role in the suit.

Why Choose The Gross Law Firm?

The Gross Law Firm has built a reputation as a nationally recognized entity in class action lawsuits, with a mission focused on protecting the rights of investors. They are committed to ensuring that corporations adhere to ethical business standards and promote transparency. Their pursuit of justice aims to recompense investors who have incurred losses due to deceptive practices or miscommunication from companies.

For further information, interested investors can fill out the loss submission form available on The Gross Law Firm’s website or contact their team directly at their New York office. Investors should not delay; time is of the essence in securing your rights and potential recovery.

Contact Information:

• - The Gross Law Firm

15 West 38th Street, 12th Floor
New York, NY, 10018
Phone: (646) 453-8903
Email: [email protected]

Remember, prior results from class actions do not guarantee similar outcomes, but your participation is crucial in advocating for your rights as an investor. Don't let the opportunity pass to seek justice and recovery with this class action against The Trade Desk, Inc.