#USA #New York #Securities Fraud #The Trade Desk #TTD

Overview of the Class Action Lawsuit

Investors in The Trade Desk, Inc. (NASDAQ: TTD) have the opportunity to join a class action lawsuit due to allegations of securities fraud. The Rosen Law Firm, renowned for championing investor rights globally, has issued a reminder for individuals who purchased Class A common stock between May 9, 2024 and February 12, 2025. April 21, 2025, marks the crucial deadline for appointing a lead plaintiff.

Understanding the Claims

The lawsuit centers around claims that The Trade Desk misled investors through various false statements and omissions during the specified class period. These alleged actions are significant because they directly relate to the company's introduction of an advanced AI forecasting tool named Kokai.

Specifically, it’s claimed that the defendants failed to adequately disclose the substantial execution issues involved in deploying Kokai. These challenges reportedly delayed its rollout, thereby adversely affecting the company's operational performance and revenue growth. Consequently, the positive statements made by The Trade Desk regarding its business prospects have been called into question, as investors were left unaware of the struggles the company faced.

What’s Required for Participation?

For investors looking to join this class action, the process is straightforward. Eligible shareholders are encouraged to submit their details via the designated link or contact the Rosen Law Firm directly. It's important to note that individuals signing up will not incur any out-of-pocket expenses; the firm operates on a contingency fee basis, meaning they only collect fees if the case is won.

Importance of Choosing the Right Legal Representation

In light of the critical nature of this case, potential lead plaintiffs must select counsel with experience and a successful track record in handling securities class actions. Rosen Law Firm stands out in this regard, having achieved the largest settlement of its kind against a Chinese company and consistently ranking at the top for successful class action settlements over the years. In 2019 alone, they secured over $438 million for investors.

Proceeding with the Lawsuit

As of now, no class has been certified, which means that any investor wishing to take part should act promptly. They can either become a lead plaintiff or remain an absent class member. Importantly, becoming a lead plaintiff does not affect an investor's potential share in any recovery from the lawsuit.

Conclusion

As The Trade Desk and its investors await a resolution, this class action lawsuit represents a pivotal moment for shareholders impacted by the alleged misrepresentations surrounding the company’s new AI product. Interested investors should stay informed about developments and ensure they meet deadlines to potentially recover financially from any losses incurred during the class period. For further updates, interested parties can follow the Rosen Law Firm on social media platforms like LinkedIn, Twitter, and Facebook.

For more information and to submit your contact information, reach out to Phillip Kim, Esq. at 866-767-3653 or email [email protected].