TTD INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

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, which was launched on June 6, 2023, and faced significant challenges in transitioning clients from the older platform, Solimar [2][3]. 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. The first quarter 2025 revenue guidance of at least $575 million also missed analysts' expectations of $581.5 million [4]. - Following the announcement of these financial results, Trade Desk's Class A common stock price fell by more than 32% [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Trade Desk Class A common stock during the class period to seek appointment as lead plaintiff, who will represent the interests of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud cases, having recovered $6.6 billion for investors in such cases, and has a strong track record in securing monetary relief [6].