#United States #New York #Class Action #Gross Law Firm #Trade Desk

The Gross Law Firm's Class Action Alert for Trade Desk Investors

The Gross Law Firm has recently issued an important notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD). As a shareholder who has purchased TTD stock during a specified period, you may want to pay careful attention to this notice. The firm is inviting affected shareholders to reach out regarding potential appointment as lead plaintiff in a significant class action lawsuit.

Key Details of the Class Action Lawsuit

Background Information

The class period for this lawsuit spans from May 9, 2024, to February 12, 2025. During this timeframe, numerous allegations concerning misleading statements and failures to disclose vital information have been brought to light. Specifically, the complaint asserts that The Trade Desk’s management issued statements that were materially false or misleading regarding the company’s operational performance and future prospects.

Allegations Against The Trade Desk

The allegations assert that:
1. Execution Issues: The Trade Desk is currently grappling with significant challenges in executing its AI forecasting tool, Kokai. This includes transitioning clients from its older platform, Solimar, to Kokai.
2. Delay in Rollout: These execution problems have substantially delayed the rollout of Kokai, which has in turn affected the company’s operational and financial performance.
3. Impact on Revenue Growth: The inability to effectively implement Kokai has negatively influenced the company’s revenue growth, contradicting earlier positive assertions made by the management.
4. Misleading Statements: As a result of the challenges mentioned, statements made by leadership regarding the company’s business and future prospects were not only misleading but also lacked a reasonable basis.

Action Needed by Shareholders

For shareholders who purchased shares of TTD within the identified class period, there is an important deadline approaching: April 21, 2025. Shareholders are urged to act promptly and register for participation in the class action lawsuit by providing their information through the designated link here.

Next Steps for Interested Shareholders

Once you register, the Gross Law Firm will enroll you in a portfolio monitoring service. This tool offers updates on the status of the case as it progresses. It is crucial to note that registering and potentially being appointed as a lead plaintiff is a voluntary process and there is no financial obligation required for participants.

Why Choose the Gross Law Firm?

Recognized on a national level, The Gross Law Firm is dedicated to safeguarding the rights of investors. Their focus is on representing those who have faced losses due to deceitful and fraudulent business practices. The firm’s commitment to ensuring responsible corporate practices and good governance underlines their mission. They strive for restitution on behalf of investors affected by inaccurate or misleading company statements.

Get in Touch

If you have any questions or need additional information, you can contact The Gross Law Firm at:

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

Investors are encouraged not to overlook this opportunity to safeguard their interests in connection with this class action lawsuit against The Trade Desk, which is swiftly approaching critical deadlines.