The Trade Desk Investors: Class Action Lawsuit Notification and Lead Plaintiff Deadline.
Levi & Korsinsky, LLP is notifying investors in The Trade Desk, Inc. (NASDAQ: TTD) about a pending class action securities lawsuit.
This lawsuit seeks to recover losses for investors who were adversely affected by alleged securities fraud during the period between May 9, 2024, and February 12, 2025.
If you are a shareholder in The Trade Desk and believe you were impacted by these issues, the firm encourages you to take action before April 21, 2025, the deadline to apply as a lead plaintiff. Read on to learn more about the details of the case, how you can participate, and what steps to take next.
Class Action Lawsuit Details
The lawsuit has been filed against The Trade Desk based on allegations of securities fraud. The complaint claims that the company made false and misleading statements about its business operations, particularly regarding its AI forecasting tool, Kokai. According to the lawsuit, The Trade Desk faced significant execution challenges when attempting to transition clients from its older platform, Solimar, to Kokai.
These delays in rolling out the new tool negatively impacted the company’s revenue growth and overall performance. Despite these issues, the company allegedly misrepresented its business status to investors, leading them to believe that the company was performing better than it actually was.
What the Lawsuit Alleges
The complaint details several key points about The Trade Desk’s alleged fraudulent activities. First, it highlights that the company was facing challenges with the Kokai rollout, which was central to its future revenue streams. Second, it states that the company’s failure to address these execution issues resulted in delayed rollouts and hindered business growth. Third, it claims that these problems were concealed from investors, who were misled by overly optimistic statements about the company’s future prospects and financial health. As a result, shareholders were left unaware of the real challenges the company was facing during this critical period.
How to Participate in the Class Action
Investors who suffered losses due to these alleged misstatements are encouraged to participate in the class action. Levi & Korsinsky invites affected investors to contact them before the deadline of April 21, 2025.
If you believe you were impacted by The Trade Desk’s actions, you can request to be appointed as a lead plaintiff in the case. Although serving as a lead plaintiff is not required to receive compensation, it may help to strengthen your position in the case.
To get more information and to be contacted by a member of the legal team, investors can follow the link here. Additionally, you may contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by phone at (212) 363-7500 for more details.
No Cost to Participate
For eligible investors, there is no out-of-pocket cost to participate in the class action lawsuit. The law firm handles all legal fees, and those affected by the fraud may be entitled to compensation without paying any upfront costs. This “no-cost” model lowers the barrier to participation and ensures that all affected investors can pursue justice without worrying about financial risks.
Why Choose Levi & Korsinsky?
Levi & Korsinsky is a highly respected law firm with a proven track record in securities litigation. For over 20 years, the firm has secured hundreds of millions of dollars in compensation for investors who were wronged by corporate misconduct. It is ranked in ISS Securities Class Action Services’ Top 50 Report for seven consecutive years, solidifying its reputation as one of the leading securities litigation firms in the United States. If you choose to work with Levi & Korsinsky, you can trust that you are in capable hands with their extensive experience and successful litigation history.
Final Thoughts and Next Steps
If you are an investor in The Trade Desk and believe you were harmed by the company’s misrepresentations about the Kokai rollout, now is the time to act. The firm’s class action lawsuit provides a chance for investors to recoup losses and seek justice.
By participating, you may be able to hold the company accountable for its alleged actions and receive compensation. Be sure to reach out to Levi & Korsinsky before the April 21, 2025 deadline to ensure your rights as an investor are protected.
For additional information or to become involved in the lawsuit, follow the link provided or contact Joseph E. Levi, Esq. at Levi & Korsinsky today. Don’t miss out on this opportunity to stand up for your rights as an investor and pursue legal recourse if you’ve suffered losses during the May 9, 2024 - February 12, 2025 period.
