{"id":815810,"date":"2025-02-20T16:02:59","date_gmt":"2025-02-20T21:02:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ttd-investor-alert-the-trade-desk-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/"},"modified":"2025-02-20T16:02:59","modified_gmt":"2025-02-20T21:02:59","slug":"ttd-investor-alert-the-trade-desk-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ttd-investor-alert-the-trade-desk-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit\/","title":{"rendered":"TTD INVESTOR ALERT: The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n SAN DIEGO<\/span>
\n <\/span>, Feb. 20, 2025<\/span><\/span> \/PRNewswire\/ — Robbins Geller Rudman<\/span> & Dowd LLP<\/a><\/b> announces that purchasers of The Trade Desk, Inc. (NASDAQ: TTD) Class A common stock between May 9, 2024<\/span> and February 12, 2025<\/span>, inclusive (the “Class Period”), have until April 21, 2025<\/span> to seek appointment as lead plaintiff of the Trade Desk <\/i>class action lawsuit.\u00a0 Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc.<\/i>, No. 25-cv-01396 (C.D. Cal.), the Trade Desk <\/i>class action lawsuit charges Trade Desk and certain of Trade Desk’s top executives with violations of the Securities Exchange Act of 1934.<\/p>\n

\n

\n
\n \"Robbins
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n If you suffered substantial losses and wish to serve as lead plaintiff of the Trade Desk <\/i>class action lawsuit, please provide your information here:<\/b>\n <\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/cases-the-trade-desk-inc-class-action-lawsuit-ttd.html<\/a>
\n <\/b>\u00a0<\/p>\n

\n You can also contact attorneys J.C. Sanchez<\/a> or Jennifer N. Caringal<\/span><\/a> of Robbins Geller by calling 800\/449-4900 or via e-mail at info@rgrdlaw.com<\/a>.<\/b>\n <\/p>\n

\n CASE ALLEGATIONS<\/b>: Trade Desk operates as a technology company offering a self-service, cloud-based, ad-buying platform.\u00a0 According to the Trade Desk<\/i> class action lawsuit, leading up to the Class Period, Trade Desk launched Kokai on June 6, 2023<\/span>, a generative artificial intelligence (“AI”) forecasting tool that enables users to more effectively deploy advertising spending.<\/p>\n

The Trade Desk <\/i>class action lawsuit alleges<\/span> that defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (i) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, particularly in transitioning clients to Kokai from Trade Desk’s older platform Solimar; (ii) such execution challenges meaningfully delayed the Kokai rollout; and (iii) Trade Desk’s inability to effectively execute the Kokai rollout negatively impacted Trade Desk’s business and operations, including revenue growth.<\/p>\n

The Trade Desk<\/i> class action lawsuit further alleges<\/span> that on February 12, 2025<\/span>, Trade Desk issued a press release announcing its financial results for the fourth quarter and full year of 2024.\u00a0 Specifically, Trade Desk reported fourth quarter revenue of $741 million<\/span> \u2013 below Trade Desk’s previously issued guidance of $756 million<\/span> and analysts’ estimates of $759.8 million<\/span>, according to the complaint.\u00a0 Additionally, Trade Desk’s revenue guidance of at least $575 million<\/span> for the first quarter of 2025 missed analysts’ estimates of $581.5 million<\/span>, according to the Trade Desk<\/i> class action lawsuit.\u00a0 On this news, the price of Trade Desk Class A common stock fell by more than 32%, according to the complaint.<\/p>\n

\n THE LEAD PLAINTIFF PROCESS<\/b>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Trade Desk Class A common stock during the Class Period to seek appointment as lead plaintiff in the Trade Desk <\/i>class action lawsuit.\u00a0 A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.\u00a0 A lead plaintiff acts on behalf of all other class members in directing the Trade Desk <\/i>class action lawsuit.\u00a0 The lead plaintiff can select a law firm of its choice to litigate the Trade Desk <\/i>class action lawsuit.\u00a0 An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Trade Desk <\/i>class action lawsuit.<\/p>\n

\n ABOUT ROBBINS GELLER<\/b>: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud<\/span> cases.\u00a0 Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors.\u00a0 We recovered $6.6 billion<\/span> for investors in securities-related class action cases \u2013 over $2.2 billion<\/span> more than any other law firm in the last four years.\u00a0 With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever \u2013 $7.2 billion<\/span> \u2013 in In re Enron Corp. Sec. Litig.<\/i>\u00a0 Please visit the following page for more information:<\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud<\/span>.html<\/a>
\n <\/b>\n <\/p>\n

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n

Contact:
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Robbins Geller Rudman & Dowd LLP
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 J.C. Sanchez, Jennifer N. Caringal<\/span>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 655 W. Broadway, Suite 1900, San Diego, CA<\/span> 92101
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 800-449-4900
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 info@rgrdlaw.com<\/a><\/b>\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/ttd-investor-alert-the-trade-desk-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-302381844.html<\/a><\/p>\n

SOURCE Robbins Geller Rudman & Dowd LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN DIEGO , Feb. 20, 2025 \/PRNewswire\/ — Robbins Geller Rudman & Dowd LLP announces that purchasers of The Trade Desk, Inc. (NASDAQ: TTD) Class A common stock between May 9, 2024 and February 12, 2025, inclusive (the “Class Period”), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit.\u00a0 Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade Desk class action lawsuit charges Trade Desk and certain of Trade Desk’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead … <\/p>\n

Continue reading “TTD INVESTOR ALERT: The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815810","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTTD INVESTOR ALERT: The Trade Desk, Inc. 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(NASDAQ: TTD) Class A common stock between May 9, 2024 and February 12, 2025, inclusive (the “Class Period”), have until April 21, 2025 to seek appointment as lead plaintiff of the Trade Desk class action lawsuit.\u00a0 Captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., No. 25-cv-01396 (C.D. Cal.), the Trade Desk class action lawsuit charges Trade Desk and certain of Trade Desk’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead … Continue reading "TTD INVESTOR ALERT: The Trade Desk, Inc. 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