Core Viewpoint - A securities class action lawsuit has been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified class period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - The lawsuit claims that The Trade Desk faced significant execution challenges in transitioning clients from its older platform, Solimar, to the new Kokai platform, which delayed the rollout [2]. - It is alleged that these execution challenges negatively impacted the company's business operations and revenue growth, contradicting the positive statements made by the defendants about the company's prospects [2]. - The defendants are accused of failing to disclose material adverse facts about the company's business, leading to misleading information being provided to investors [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class, which involves directing the litigation on behalf of all class members [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case and must be adequate and typical of the proposed class [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against The Trade Desk, Inc. due to allegations of misleading statements and execution challenges related to the rollout of its new platform, Kokai, which negatively impacted the company's revenue growth [2][4]. Group 1: Allegations and Impact - The complaint alleges that Trade Desk and its executives violated federal securities laws by making false statements and failing to disclose significant execution challenges in transitioning clients to Kokai from the older platform, Solimar [4]. - The execution challenges delayed the Kokai rollout and negatively impacted Trade Desk's business operations and revenue growth [4]. - Following the release of disappointing fourth quarter 2024 revenue results, Trade Desk's stock price dropped over 32%, from $122.23 to $81.92 per share [5][6]. Group 2: Legal Proceedings - Investors who suffered losses exceeding $100,000 between May 9, 2024, and February 12, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - There is an April 21, 2025 deadline for investors to seek the role of lead plaintiff in the federal securities class action against Trade Desk [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will direct and oversee the litigation on behalf of the class [7].

Group 1: Market Overview - The stock market experienced a significant downturn in 2025, with the Nasdaq Composite and S&P 500 indices entering corrections, falling more than 10% from their highs [1] - Investors are currently cautious, with recommendations to maintain cash reserves and seek high-quality companies at attractive valuations [2] Group 2: The Trade Desk Performance - The Trade Desk's stock recently dropped 50% from its recent high due to a fourth-quarter 2024 earnings miss and broader market sell-off [4] - Despite missing estimates, Q4 2024 sales reached $741 million, reflecting a 22% year-over-year growth, and operating income increased from $144 million in Q4 2023 to $195 million in Q4 2024 [5] - The Trade Desk achieved record results in 2024, with trailing-12-month sales of $2.4 billion, a 26% increase over 2023, and operating income of $427 million, a 113% increase [6] Group 3: Industry Dynamics - The advertising industry, particularly programmatic advertising on streaming platforms, is experiencing growth, benefiting companies like The Trade Desk [7][8] - The Trade Desk provides valuable data and feedback to clients, enhancing its position in the market as streaming services gain popularity [8] Group 4: Valuation and Investment Potential - The Trade Desk's stock is now trading at a price-to-sales ratio of 9 on a forward basis, which is significantly lower than recent valuations [10] - The market's current pricing of The Trade Desk stock suggests it is undervalued despite the company's solid track record and ongoing growth potential [10]

Core Viewpoint - Securities class action lawsuits have been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified Class Period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - Defendants are accused of failing to disclose significant execution challenges related to the Kokai rollout, which involved transitioning clients from the older platform, Solimar [2]. - The execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business and revenue growth [2]. - Positive statements made by the defendants about the company's operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].

Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. for alleged securities fraud affecting investors between May 9, 2024, and February 12, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [2] - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading due to the aforementioned issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

Core Viewpoint - The Trade Desk, Inc. is facing a federal securities class action due to misleading statements regarding the rollout of its generative AI forecasting tool, Kokai, which has resulted in significant revenue misses and a sharp decline in stock price [1][4]. Group 1: Company Performance and Developments - On June 6, 2024, Trade Desk launched Kokai, transitioning clients from its older platform, Solimar, and claimed a seamless transition [3]. - On February 12, 2025, Trade Desk reported fourth quarter revenue of $741 million, missing guidance of $756 million and analysts' estimates of $759.8 million [3]. - The company’s revenue guidance for Q1 2024 was at least $575 million, which also fell short of analysts' expectations of $581.5 million [3]. - CEO Jeff Green acknowledged that the rollout of Kokai was slower than anticipated, stating that the company was still maintaining both systems, which hindered progress [3][4]. - Following the earnings call, Trade Desk's stock price dropped by approximately 32%, from $121.23 to $81.92 per share [3]. Group 2: Legal Implications - The class action complaint alleges that Trade Desk made materially misleading statements about the rollout of Kokai, failing to disclose significant execution challenges [4]. - The complaint highlights that these challenges delayed the rollout and negatively impacted the company's business and revenue growth [4].

Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, Inc. for allegedly misleading investors about its business prospects during a specific period [1][2]. Group 1: Allegations and Challenges - The lawsuit claims that The Trade Desk failed to disclose significant execution challenges related to the rollout of its new platform, Kokai, which affected client transitions from the older platform, Solimar [2]. - These execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business operations and revenue growth [2]. - The positive statements made by the company regarding its business and prospects were deemed materially false and misleading due to these undisclosed issues [2]. Group 2: Financial Performance - On February 12, 2025, The Trade Desk reported fourth quarter revenue of $741 million, which was below its guidance of $756 million and analysts' expectations of $759.8 million [3]. - The company's revenue guidance for the first quarter of 2025 was at least $575 million, missing analysts' estimates of $581.5 million [3]. - Following the announcement of these results and the acknowledgment of the slower Kokai rollout, the stock price dropped by $40.31, or over 32%, from $122.23 to $81.92 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by April 21, 2025, to serve as lead plaintiffs [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4]. Group 4: Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD). Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=140429&from=3  CLASS PERIOD: May 9 ...

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against The Trade Desk, Inc. (NASDAQ: TTD) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Trade Desk, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-trade-desk-inc. Investors have until April 21, 2025, to ask the Court to be appoin ...

NEW YORK, April 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD).Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=140394&from=4CLASS PERIOD: May 9, 2024 to ...