#USA #New York #Bronstein #Gewirtz #The Trade Desk

Class Action Lawsuit Against The Trade Desk, Inc.

On March 4, 2025, Bronstein, Gewirtz & Grossman LLC, a reputable law firm, announced the initiation of a class action lawsuit against The Trade Desk, Inc. This lawsuit has been triggered by substantial losses experienced by investors who purchased securities during a specific period between May 9, 2024, and February 12, 2025. The firm is seeking to recover damages on behalf of those affected by the alleged misrepresentation and misleading statements made by the company's executives.

Background of the Case

The complaint asserts that The Trade Desk, a major player in advertising technology, failed to disclose material facts regarding its operational challenges. According to the claims, the company experienced ongoing difficulties with the launch of its new platform, Kokai, particularly in transitioning its clients from the older Solimar system. These execution challenges delayed the rollout of Kokai and adversely impacted the company's business, including revenue growth.

Allegations

The lawsuit outlines several key allegations against The Trade Desk and its officers:
1. Misleading Statements: The executives allegedly provided false or misleading statements about the company's business operations.
2. Failure to Disclose Challenges: They failed to communicate significant challenges in executing the Kokai rollout effectively.
3. Impact on Business: The execution issues reportedly led to a negative effect on the company’s operational efficiency and revenue metrics.
4. Inaccurate Business Outlook: Due to these undisclosed issues, management's optimistic projections about the company's future performance were claimed to lack a reasonable basis.

This situation presents a critical opportunity for affected investors to join the class action to seek compensation for their financial losses.

Steps for Investors

Bronstein, Gewirtz & Grossman encourages eligible investors to participate in the lawsuit, allowing them to potentially reclaim a portion of their losses. Investors can find more information and join the case by visiting the firm's dedicated website at bgandg.com/TTD. However, interested parties must act quickly, as the deadline to request appointment as lead plaintiff is set for April 21, 2025.

The firm operates on a contingency fee basis, which means that legal fees incurred will only be reimbursed if they successfully recover funds for the class members involved.

About the Law Firm

Bronstein, Gewirtz & Grossman LLC is known for its expertise in representing investors in various securities fraud class actions. With a track record of successfully recovering significant sums for clients, the firm is a reliable advocate for those seeking justice in the face of corporate misconduct.

Investors looking to leverage this opportunity should reach out to the firm’s representatives, Peretz Bronstein or Nathan Miller, at the contact number 332-239-2660 for further assistance and to explore their eligibility.

With the class action already in motion, affected investors have the chance to make their voice heard and potentially receive compensation for their losses incurred during this troubled period for The Trade Desk, Inc.