TTD ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against The Trade Desk, Inc. (TTD)

Core Viewpoint - A securities class action lawsuit has been filed against The Trade Desk, Inc. for allegedly making 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 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 operations 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 selecting counsel [3].