Investors Invited to Join Class Action Suit Against The Trade Desk by Levi & Korsinsky

Class Action Suit Notification Against The Trade Desk



On April 18, 2025, investing law firm Levi & Korsinsky, LLP issued a notification regarding a class action lawsuit concerning The Trade Desk, Inc. (NASDAQ: TTD), a prominent player in the digital advertising industry. The firm seeks to represent investors who were negatively affected due to alleged securities fraud during a specified period from May 9, 2024, to February 12, 2025.

Background of the Case


The lawsuit claims that The Trade Desk made false and misleading statements that led investors to believe the company was performing optimally despite facing significant challenges in launching its AI-driven forecasting tool, Kokai. The complaint claims that:

1. Execution Challenges: The company struggled with transitioning clients to Kokai, which was supposed to enhance their advertising capabilities.
2. Delays in Rollout: These execution challenges allegedly delayed the rollout of Kokai, which had implications for the company’s operational efficiency.
3. Impact on Revenue: The delays negatively affected revenue growth, which contradicted the optimistic public statements made by The Trade Desk.
4. Misleading Information: The misleading statements from the company regarding its business prospects and operational capabilities were said to have been materially false.

As a result of these issues, investors suffered financial losses that the lawsuit aims to recover.

Participation Details


Investors who believe they’ve experienced losses during the period of alleged fraud have until April 21, 2025, to apply to become the lead plaintiff in this class action suit. It’s noteworthy that participating in the recovery does not require one to be a lead plaintiff — any affected investor may be entitled to compensation with no additional out-of-pocket costs.

Free Consultation


Levi & Korsinsky emphasizes that there is no cost or obligation for investors to participate. The firm has a longstanding reputation with over two decades of experience in securities litigation, having successfully recovered millions for shareholders in past cases. Their reputation is bolstered by being recognized consistently in ISS Securities Class Action Services' Top 50 Report.

How to Get Involved


Interested investors can find more information and access the necessary forms by visiting the official website of Levi & Korsinsky. Alternatively, they can reach out to the firm directly via email or telephone. For specific inquiries, Joseph E. Levi, Esq. and Ed Korsinsky, Esq. from their New York office are available to assist.

The Trade Desk and its investors are currently navigating a complex situation, and it's critical for those affected to be informed about their legal options. As the deadlines approach, timely action can be vital for participation in the claims process.

For further assistance, investors are encouraged to keep open lines of communication with attorney Joseph E. Levi and his team at Levi & Korsinsky, who have a strong track record in guiding investors through class action suits.

Conclusion


In summary, if you are an investor in The Trade Desk and have faced losses due to the alleged fraudulent practices outlined, it is imperative to consider joining this class action suit led by Levi & Korsinsky. This opportunity represents a chance for recovery and legal recourse in a challenging investment environment.

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Topics Financial Services & Investing)

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