Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to the rollout of its AI forecasting tool, Kokai, which has reportedly encountered significant execution challenges [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc." and allows purchasers of Class A common stock between May 9, 2024, and February 12, 2025, to seek appointment as lead plaintiff by April 21, 2025 [1][5]. - The lawsuit alleges that Trade Desk made false or misleading statements regarding the rollout of Kokai, claiming that the company faced self-inflicted execution challenges that delayed the rollout and negatively impacted business operations and revenue growth [3][4]. Group 2: Financial Performance and Impact - On February 12, 2025, Trade Desk reported fourth quarter revenue of $741 million, which was below its guidance of $756 million and analysts' estimates of $759.8 million. Additionally, the revenue guidance for the first quarter of 2025 was at least $575 million, missing analysts' estimates of $581.5 million [4]. - Following the announcement of these financial results, the price of Trade Desk Class A common stock fell by more than 32% [4]. Group 3: Company Background - Trade Desk operates as a technology company providing a self-service, cloud-based ad-buying platform, and launched Kokai on June 6, 2023, to enhance advertising spending efficiency [2][3].

Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, Inc. alleging fraudulent practices related to the rollout of its AI forecasting tool, Kokai, which has reportedly faced significant execution challenges impacting revenue growth [1][2]. Group 1: Lawsuit Details - The lawsuit represents investors who purchased The Trade Desk common stock between May 9, 2024, and February 12, 2025 [1][2]. - The complaint claims that The Trade Desk made false and misleading statements about Kokai's role in the company's growth while failing to disclose execution challenges that delayed its rollout [2][4]. Group 2: Financial Impact - On February 12, 2025, The Trade Desk reported Q4 2024 revenue that was significantly below guidance and analysts' estimates, revealing the company's struggles [3]. - Following the earnings call, where the CEO admitted to maintaining two systems and acknowledged a deliberate slower rollout of Kokai, the stock price dropped over 30%, erasing more than $18 billion in market capitalization in one day [4]. Group 3: Investigation and Response - Hagens Berman is investigating the claims and is urging affected investors to submit their losses [2][5]. - The firm is focusing on the timing and accuracy of The Trade Desk's statements regarding Kokai and whether the company was aware of the slower rollout [5].

Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. due to alleged securities fraud affecting investors between May 9, 2024, and February 9, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that The Trade Desk made false statements and concealed information regarding its Q4 revenue, which was reported at $741 million, significantly lower than the previously projected "at least" $756 million [2] - Following the disappointing revenue results, shares of The Trade Desk Inc. experienced a decline of over 30% [2] Group 2: Next Steps for Investors - 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 incurring any out-of-pocket costs or fees [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 Insights - The Trade Desk reported earnings per share of $0.36, exceeding expectations by $0.03, marking a record for the company [1] - However, the company's revenue fell short by $18.55 million, reaching $741.45 million against an expected $760 million [1] Financial Performance - Earnings per share: $0.36, beating expectations by $0.03 [1] - Revenue: $741.45 million, missing the expected $760 million by $18.55 million [1]

SAN DIEGO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of The Trade Desk, Inc. (NASDAQ: TTD) Class A common stock between May 9, 2024 and February 12, 2025, both dates inclusive (the “Class Period”), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit. Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade D ...

NEW YORK, Feb. 24, 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 appoint ...

Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its Q4 revenue, which significantly underperformed compared to prior guidance, leading to a substantial drop in share price [2]. Group 1: Class Action Details - The class period for the lawsuit is from May 9, 2024, to February 9, 2025 [2]. - The Trade Desk reported Q4 revenue of $741 million, which was below the projected "at least" $756 million from the November 7, 2024 earnings call [2]. - Following the disappointing revenue results, shares of The Trade Desk Inc. fell over 30% [2]. Group 2: Shareholder Information - Shareholders who purchased shares during the class period are encouraged to register for the class action by April 21, 2025 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. - There is no cost or obligation for shareholders to participate in this case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].

I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TTD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am no ...

Trade Desk TodayTTDTrade Desk$72.06 -3.67 (-4.85%) 52-Week Range$71.61▼$141.53P/E Ratio92.38Price Target$119.45Add to WatchlistIn 2024, shareholders of The Trade Desk NASDAQ: TTD made out handsomely. The advertising technology stock achieved a return of over 63%. However, things have been far from peachy in 2025. The stock price is down nearly 36% so far this year as of the Feb. 20 close, led by a 32% drop after it released earnings on Feb. 12. As a result of the poor performance in 2025, The Trade Desk’s ...

LOS ANGELES, Feb. 21, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against The Trade Desk, Inc. ("Trade Desk" or "the Company") (NASDAQ: TTD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 9, 2024 and February 12, 2025, inclusive (the "Class Period") ...