TTD LEGAL NEWS: A Class Action was filed on behalf of Trade Desk, Inc. Investors for Fraud - Contact BFA Law if You Suffered Losses

Core Viewpoint - A lawsuit has been filed against The Trade Desk, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misleading statements about the company's new platform, Kokai [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Trade Desk common stock [2]. - Investors have until April 21, 2025, to request to be appointed to lead the case [2]. Group 2: Company Performance and Allegations - Trade Desk is accused of making false statements regarding the success of its Kokai platform, claiming "massive benefits" and immediate positive results, while in reality, the company faced execution challenges that delayed the rollout and negatively affected business operations and revenue growth [3]. - On February 12, 2025, Trade Desk reported disappointing fourth-quarter 2024 revenue of $741 million, which was below its guidance of "at least"$756 million, leading to a stock price decline of over 30% on February 13, 2025 [4].