Class Action Alert for Trade Desk Investors: Key Info Inside
Important Notice to Trade Desk Investors
The Gross Law Firm is reminding shareholders of The Trade Desk, Inc. (NASDAQ: TTD) about an important class action lawsuit. This legal action is designed to represent those who purchased shares during the specified class period.
Eligibility and Shareholder Registration
If you acquired shares of TTD within the defined period, it is essential to connect with the firm regarding your potential appointment as a lead plaintiff. However, please note that becoming a lead plaintiff is not a requirement to be included in any recovery from this case.
Class Period Details
The defined class period spans from May 9, 2024, to February 12, 2025. During this time, significant allegations regarding the company’s practices have been raised, which could impact the interests of shareholders.
Allegations Against The Trade Desk
The complaint reveals that, throughout the class period, defendants reportedly made materially false and misleading statements while failing to disclose critical information. Specifically, it mentions execution challenges related to the company’s AI forecasting tool, Kokai, which included difficulties transitioning clients from the older platform known as Solimar. These challenges reportedly delayed the rollout of Kokai and negatively impacted revenue growth.
Deadline for Action
Shareholders must act swiftly, as the deadline to register for participating in this class action lawsuit is April 21, 2025. Ensuring timely registration is crucial for those wishing to assert their rights.
Next Steps for Shareholders
Once registered, shareholders will gain access to portfolio monitoring tools, providing important updates about the progress of this legal matter. Notably, there is no financial obligation or cost involved for participating in this case.
Why Choose The Gross Law Firm
The Gross Law Firm is a highly regarded class action law firm dedicated to advocating for investors' rights. Their goal is to protect those who have suffered losses due to fraudulent practices or deceitful corporate behavior. This firm prioritizes corporate accountability and seeks to recover losses incurred by investors from misleading statements by companies. Please remember, past results do not guarantee future success.
Contact Information
For more information, please reach out to The Gross Law Firm at their office located at 15 West 38th Street, 12th floor, New York, NY 10018. You can also contact them via phone at (646) 453-8903.
Frequently Asked Questions
What is the class action lawsuit about?
The lawsuit is concerning alleged misleading statements made by The Trade Desk regarding challenges faced during the rollout of its AI forecasting tool, Kokai.
How do I know if I am eligible?
If you purchased shares of TTD between May 9, 2024, and February 12, 2025, you likely qualify to participate in the lawsuit.
What is the deadline to register?
The deadline to register for this class action lawsuit is April 21, 2025.
Will it cost me anything to participate?
No, there is no cost or obligation to join the class action lawsuit.
What happens after I register?
Once registered, you'll receive updates about the case and be included in monitoring systems to follow the developments.
About The Author
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