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The Trade Desk, Inc. Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds The Trade Desk, Inc. Shareholders of Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2025-04-04 22:20
Core Viewpoint - Securities class action lawsuits have 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, during the specified Class Period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - 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 the company's business and revenue growth [2]. - Positive statements made by the defendants about the company's operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].
The Trade Desk, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD
Prnewswire· 2025-04-04 09:45
Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. for alleged securities fraud affecting investors between May 9, 2024, and February 12, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [2] - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading due to the aforementioned issues [2] Group 2: Legal Process and Participation - 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 any out-of-pocket costs or fees, with no obligation to participate [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]
TTD FRAUD ALERT: Trade Desk, Inc. 31% Stock Drop Triggers Class Action Lawsuit for Fraud – Investors are Notified to Contact BFA Law before April 21 (NASDAQ:TTD)
GlobeNewswire News Room· 2025-04-03 12:46
NEW YORK, April 03, 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 appoin ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Xponential Fitness, Inc. – XPOF
GlobeNewswire News Room· 2025-04-03 12:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Xponential Fitness, Inc. and its officers or directors following the company's disappointing financial results and subsequent stock price drop [1][3]. Financial Performance - On March 13, 2025, Xponential reported an unexpected loss for the fourth quarter and a 7.7% year-over-year revenue decline [3]. - The company's Board of Directors announced that the financial statements for the fiscal year ended December 31, 2023, would need to be restated [3]. - Following these announcements, Xponential's stock price fell by $4.66 per share, or 38.45%, closing at $7.46 per share on March 14, 2025 [3]. Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of investors of Xponential Fitness, Inc. regarding possible securities fraud [1]. - Investors are encouraged to contact Pomerantz LLP for more information about the investigation [1].
GSK plc Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 7, 2025 to Discuss Your Rights – GSK
GlobeNewswire News Room· 2025-04-01 17:32
Core Viewpoint - GSK plc is facing a class action securities lawsuit due to alleged securities fraud related to the withdrawal of Zantac from the market, impacting investors between February 5, 2020, and August 14, 2022 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that GSK misrepresented the reasons for removing Zantac from the market, stating it was based on available information and regulatory correspondence, while in reality, GSK was aware of the source of NDMA for nearly 40 years prior to the withdrawal [2]. - GSK assured investors that there was no evidence linking ranitidine therapy to cancer, which the lawsuit argues was materially false or misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 7, 2025, to request to be appointed 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 any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
TTD COURT REMINDER: Lose Money on Trade Desk, Inc.? Investors are Reminded to Contact BFA Law before April 21 Class Action Deadline (NASDAQ:TTD)
GlobeNewswire News Room· 2025-04-01 12:33
Why was Trade Desk Sued for Securities Fraud? Trade Desk is an advertising technology company that offers ad buyers the ability to create and manage data- driven digital advertising campaigns across ad formats and channels. The complaint alleges that during the relevant period, Trade Desk stated it was seeing "massive benefits" surrounding the launch of its next- generation platform, Kokai, and that although it was "already seeing the results of Kokai performance today," it was "just getting started." In tr ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KinderCare Learning Companies, Inc. - KLC
Prnewswire· 2025-03-31 18:20
NEW YORK, March 31, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of KinderCare Learning Companies, Inc. ("KinderCare" or the "Company") (NYSE: KLC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether KinderCare and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] O ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BigBear.ai Holdings, Inc. - BBAI
Prnewswire· 2025-03-31 17:50
Core Viewpoint - BigBear.ai Holdings, Inc. is under investigation for potential securities fraud and unlawful business practices following the disclosure of restated financial statements [1][2] Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors of BigBear.ai Holdings, Inc. regarding possible securities fraud or other unlawful business practices [1] - The investigation is focused on whether BigBear and certain officers and/or directors have engaged in misconduct [1] Group 2: Financial Disclosure - On March 18, 2025, BigBear disclosed that certain financial statements since fiscal year 2021 should no longer be relied upon and would be restated due to accounting treatment issues related to convertible notes due in 2026 [2] - Following this announcement, BigBear's stock price fell by $0.52 per share, or 14.9%, closing at $2.97 per share on the same day [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HealthEquity, Inc. - HQY
Prnewswire· 2025-03-31 17:35
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fid ...
enCore Energy Corp. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before May 13, 2025 to Discuss Your Rights – EU
GlobeNewswire News Room· 2025-03-31 17:24
Core Points - enCore Energy Corp. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements during the class period from March 28, 2024, to March 2, 2025 [3] - The allegations include a lack of effective internal controls over financial reporting, inability to capitalize certain exploratory and development costs under GAAP, and a substantial increase in net losses as a result [3] - The lawsuit claims that the defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [3] Shareholder Information - Shareholders who purchased shares during the specified class period are encouraged to register for the class action and can seek lead plaintiff status by the deadline of May 13, 2025 [4] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4] - There is no cost or obligation for shareholders to participate in this case [4] Legal Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [5]