{"id":821328,"date":"2025-03-04T08:39:08","date_gmt":"2025-03-04T13:39:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ttd-class-action-lose-money-on-trade-desk-inc-investors-are-notified-to-contact-bfa-law-before-april-21-class-action-deadline-nasdaqttd\/"},"modified":"2025-03-04T08:39:08","modified_gmt":"2025-03-04T13:39:08","slug":"ttd-class-action-lose-money-on-trade-desk-inc-investors-are-notified-to-contact-bfa-law-before-april-21-class-action-deadline-nasdaqttd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ttd-class-action-lose-money-on-trade-desk-inc-investors-are-notified-to-contact-bfa-law-before-april-21-class-action-deadline-nasdaqttd\/","title":{"rendered":"TTD CLASS ACTION: Lose Money on Trade Desk, Inc.? Investors are Notified to Contact BFA Law before April 21 Class Action Deadline (NASDAQ:TTD)"},"content":{"rendered":"
\n

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP<\/strong><\/a> announces that a lawsuit has been filed against The Trade Desk, Inc. (NASDAQ: TTD) and certain of the Company\u2019s senior executives for potential violations of the federal securities laws.<\/p>\n

\n If you invested in Trade Desk, you are encouraged to obtain additional information by visiting<\/strong>
\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/the-trade-desk-inc<\/strong>
\n <\/a>.<\/p>\n

Investors have until April 21, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Trade Desk common stock. The case is pending in the U.S. District Court for the Central District of California and is captioned United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc., et al.<\/em>, No. 25-cv-01396.<\/p>\n

\n Why was Trade Desk Sued for Securities Fraud? <\/strong>\n <\/p>\n

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 \u201cmassive benefits\u201d surrounding the launch of its next-generation platform, Kokai, and that although it was \u201calready seeing the results of Kokai performance today,\u201d it was \u201cjust getting started.\u201d<\/p>\n

In truth, when these statements were made, Trade Desk was experiencing execution challenges rolling out Kokai, which delayed the rollout and negatively impacted the Company\u2019s business operations and revenue growth.<\/p>\n

\n The Stock Declines as the Truth is Revealed<\/strong>\n <\/p>\n

On February 12, 2025, after market hours, Trade Desk reported its fourth quarter 2024 financial results. The company reported disappointing revenue of $741 million, well below its guidance of \u201cat least\u201d $756 million in revenue. During the same-day earnings call, the company admitted that \u201cKokai rolled out slower than we anticipated\u201d as the company was still \u201ctrying to understand what the customer needs.\u201d On this news, the price of Trade Desk stock fell over 30% during the course of trading on February 13, 2025, from a closing price of $122.23 per share on February 12, 2025.<\/p>\n

\n Click here for more information: <\/strong>
\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/the-trade-desk-inc<\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

\n What Can You Do?<\/strong>\n <\/p>\n

If you invested in Trade Desk you may have legal options and are encouraged to submit your information to the firm.<\/p>\n

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n

\n Submit your information by visiting:<\/strong>\n <\/p>\n

\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/the-trade-desk-inc<\/strong>
\n <\/a>\n <\/p>\n

Or contact:
Ross Shikowitz
ross@bfalaw.com<\/a>
212-789-3619<\/p>\n

\n Why Bleichmar Fonti & Auld LLP?<\/strong>\n <\/p>\n

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs\u2019 Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n

For more information about BFA and its attorneys, please visit https:\/\/www.bfalaw.com<\/a>.<\/p>\n

\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/the-trade-desk-inc<\/strong>
\n <\/a>\n <\/p>\n

\n Attorney advertising. Past results do not guarantee future outcomes.<\/em>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

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

NEW YORK, March 04, 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\u2019s 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 appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Trade Desk common stock. The case is pending in the U.S. District Court for the Central District of … <\/p>\n

Continue reading “TTD CLASS ACTION: Lose Money on Trade Desk, Inc.? Investors are Notified to Contact BFA Law before April 21 Class Action Deadline (NASDAQ:TTD)”<\/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-821328","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTTD CLASS ACTION: Lose Money on Trade Desk, Inc.? 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(NASDAQ: TTD) and certain of the Company\u2019s 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 appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Trade Desk common stock. The case is pending in the U.S. District Court for the Central District of … Continue reading "TTD CLASS ACTION: Lose Money on Trade Desk, Inc.? 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