Kessler Topaz Meltzer & Check, LLP Reminds TTD Investors of April 21, 2025 Deadline in Securities Fraud Class Action and Urges Investors with Losses to Contact the Firm

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, which has faced significant execution challenges [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Central District of California on behalf of investors who purchased Trade Desk Class A common stock or options between May 9, 2024, and February 12, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for April 21, 2025 [1]. Group 2: Allegations Against Defendants - 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 have reportedly delayed the Kokai Rollout and negatively impacted Trade Desk's business and revenue growth [2]. - Positive statements made by the defendants regarding the company's business and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the April 21, 2025 deadline, or they can choose to remain absent class members [3]. - The lead plaintiff will represent all class members in directing the litigation and will select counsel to represent the class [3].