Core Viewpoint - The Trade Desk, Inc. is facing a federal securities class action due to misleading statements regarding the rollout of its generative AI forecasting tool, Kokai, which has resulted in significant revenue misses and a sharp decline in stock price [1][4]. Group 1: Company Performance and Developments - On June 6, 2024, Trade Desk launched Kokai, transitioning clients from its older platform, Solimar, and claimed a seamless transition [3]. - On February 12, 2025, Trade Desk reported fourth quarter revenue of $741 million, missing guidance of $756 million and analysts' estimates of $759.8 million [3]. - The company’s revenue guidance for Q1 2024 was at least $575 million, which also fell short of analysts' expectations of $581.5 million [3]. - CEO Jeff Green acknowledged that the rollout of Kokai was slower than anticipated, stating that the company was still maintaining both systems, which hindered progress [3][4]. - Following the earnings call, Trade Desk's stock price dropped by approximately 32%, from $121.23 to $81.92 per share [3]. Group 2: Legal Implications - The class action complaint alleges that Trade Desk made materially misleading statements about the rollout of Kokai, failing to disclose significant execution challenges [4]. - The complaint highlights that these challenges delayed the rollout and negatively impacted the company's business and revenue growth [4].

Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, Inc. for allegedly misleading investors about its business prospects during a specific period [1][2]. Group 1: Allegations and Challenges - The lawsuit claims that The Trade Desk failed to disclose significant execution challenges related to the rollout of its new platform, Kokai, which affected client transitions from the older platform, Solimar [2]. - These execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business operations and revenue growth [2]. - The positive statements made by the company regarding its business and prospects were deemed materially false and misleading due to these undisclosed issues [2]. Group 2: Financial Performance - On February 12, 2025, The Trade Desk reported fourth quarter revenue of $741 million, which was below its guidance of $756 million and analysts' expectations of $759.8 million [3]. - The company's revenue guidance for the first quarter of 2025 was at least $575 million, missing analysts' estimates of $581.5 million [3]. - Following the announcement of these results and the acknowledgment of the slower Kokai rollout, the stock price dropped by $40.31, or over 32%, from $122.23 to $81.92 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by April 21, 2025, to serve as lead plaintiffs [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4]. Group 4: Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, and its impact on the company's business operations and revenue growth [3][4]. Summary by Sections Class Action Details - The class period for the lawsuit is from May 9, 2024, to February 12, 2025 [3]. - Shareholders who purchased shares during this period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][4]. Allegations Against The Trade Desk - The complaint alleges that The Trade Desk faced significant execution challenges in rolling out its AI tool, Kokai, which included difficulties in transitioning clients from the older platform, Solimar [3]. - These execution challenges delayed the rollout of Kokai and negatively impacted the company's business operations, particularly revenue growth [3]. - The positive statements made by the company regarding its business and prospects were claimed to be materially false and misleading due to these issues [3]. Next Steps for Shareholders - Shareholders are advised to register for the class action by April 21, 2025, to participate in the case without any cost or obligation [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4]. About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

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 ...

Core Viewpoint - The Trade Desk, Inc. is facing allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, which has led to execution challenges and negatively impacted revenue growth [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from May 9, 2024, to February 12, 2025, The Trade Desk experienced significant execution challenges in rolling out its AI tool, Kokai, transitioning clients from the older platform, Solimar [1]. - These execution challenges delayed the Kokai rollout, which in turn negatively impacted the company's business operations and revenue growth [1]. - As a result of these issues, the positive statements made by the company regarding its business and prospects were deemed materially false and misleading [1]. Group 2: Class Action Details - Shareholders who purchased shares of The Trade Desk during the specified class period are encouraged to register for the class action, with a deadline of April 21, 2025, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Company Overview - Inuvo, Inc. is a leading provider of artificial intelligence AdTech solutions, focusing on understanding consumer interests rather than their identities through its proprietary IntentKey AI technology [4]. Event Participation - Inuvo will participate in the 15th Annual LD Micro Invitational on April 9th and 10th, 2025, at the Westin Grand Central in New York [1]. - Rich Howe, CEO of Inuvo, is scheduled to present on April 10th, 2025, at 1:00 PM Eastern Time, with the presentation available via live webcast [2]. Investor Engagement - Management will be available for one-on-one meetings with investors throughout the conference, and interested parties can request meetings via email [2]. About LD Micro - LD Micro, founded in 2006, serves as an independent resource in the micro-cap space, providing valuable insights through its index and annual investor conferences [3].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Integral Ad Science Holding Corp. (IAS) on behalf of long-term stockholders following a class action complaint filed against IAS, alleging breaches of fiduciary duties by the board of directors [1][2] Summary by Relevant Sections Class Action Complaint - The complaint alleges that during the Class Period from March 2, 2023, to February 27, 2024, IAS misrepresented and failed to disclose significant competitive pricing pressures, leading to price cuts due to weakening demand and slowing revenue growth [2] - It is claimed that IAS's pricing function was no longer favorable, affecting its ability to sustain pricing and drive price increases, which became a key differentiator in closing major renewals and new deals [2] - The complaint states that the risk of increased pricing pressure from competition had materialized, resulting in materially false and misleading public statements from IAS [2] - As a result of these alleged wrongful acts, the market value of IAS shares declined significantly, causing losses for the plaintiff and potential class members [2] Law Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California, representing individual and institutional investors in various complex litigations [3]

Core Insights - Thumzup Media Corporation has surpassed 800 advertisers, indicating rapid growth in the digital advertising market with a CAGR of 243% [1][3] - The company anticipates reaching 1,000 advertisers by mid Q2 2025, reflecting its aggressive market expansion strategy [1][8] Company Overview - Thumzup is recognized for its innovative AdTech platform, which has achieved a CAGR exceeding 200% as of March 24, 2024, driven by strategic expansions in South Florida, Miami, and Greater Salt Lake City [2] - The platform integrates with major social media channels, including Instagram Reels and X (formerly Twitter), reaching over 535 million monthly active users [2] Product and Services - The Thumzup platform democratizes the social media branding and marketing industry, allowing users to earn cash for posting about participating advertisers [4] - Advertisers can customize their campaigns through a robust programmatic advertiser dashboard, with cash payments made to users via PayPal and other digital payment systems [4]

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 ...

Core Insights - Nexxen International Ltd. announced the repurchase of 1,498,918 Ordinary Shares at an average price of $7.96 during March 2025, as part of its ongoing $50 million share repurchase program [1] - As of March 31, 2025, Nexxen had 62,566,192 Ordinary Shares outstanding and approximately $5.5 million remaining under its current share repurchase program authorization [1] Share Repurchase Program - The Board of Directors approved a new $50 million Ordinary Share repurchase program, set to begin on the earlier of May 19, 2025, or upon completion of the current program [2] - Nexxen intends to issue monthly press releases detailing the number of shares repurchased and the total shares outstanding [3] Disclosure Practices - Nexxen previously provided daily repurchase updates while listed on AIM, but now follows SEC disclosure requirements, which are more limited for Nasdaq-listed companies [4] - The company believes that monthly updates represent a balanced approach, enhancing transparency for both U.S. and international shareholders [4] Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a flexible technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [5] - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [6]