Kessler Topaz Meltzer & Check, LLP Informs Investors about a Class Action Lawsuit Against The Trade Desk, Inc.

RADNOR, Pa., March 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California against The Trade Desk, Inc. ("Trade Desk") TTD on behalf of those who purchased or acquired Trade Desk Class A common stock or call options, or sold Trade Desk put options, between May 9, 2024, and February 12, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 21, 2025.

Contact Information: You can reach attorney Jonathan Naji, Esq. by phone at (484) 270-1453 or via email at [email protected].

Allegations Against The Trade Desk

The lawsuits claim that, during the Class Period, the defendants made false and misleading statements, and failed to disclose important negative information about the company’s business, operations, and future outlook. Specifically, the defendants did not inform investors about several key issues: (1) Trade Desk faced significant challenges in implementing their new technology platform, Kokai, particularly the transition of clients from the older system, Solimar; (2) these execution challenges significantly delayed the Kokai rollout; (3) Trade Desk's inability to effectively execute this transition adversely affected its business and revenue growth; and (4) the defendants' optimistic statements about the company were misleading and lacked a reasonable basis throughout the relevant timeframes.

Lead Plaintiff Process Explained

Investors of Trade Desk who wish to participate in the lawsuit can seek to be appointed as a lead plaintiff representative of the class by contacting Kessler Topaz Meltzer & Check, LLP or other legal counsel by April 21, 2025. The lead plaintiff serves as the key representative in directing the litigation on behalf of all class members. Typically, this person or group of people has the most significant financial stake in the case and should be representative of the entire class. The lead plaintiff will select attorneys who will represent them and the class, and these attorneys must be approved by the court. Importantly, an investor's ability to recover from any settlement will not be affected by their decision to serve as a lead plaintiff or not.

Kessler Topaz Meltzer & Check, LLP encourages any Trade Desk investors who have faced substantial losses to reach out to them directly for further guidance and support.

For further details on joining the case, visit: Kessler Topaz Meltzer & Check, LLP

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is renowned for its work on behalf of investors and clients in class actions across the country and around the globe. The firm has established a strong reputation for excellence and has successfully recovered billions of dollars for victims of misconduct and fraud. Their mission remains clear: protecting investors, consumers, employees, and others from fraud and negligence perpetrated by companies and fiduciaries. Please note that the complaint in this matter was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about the firm, visit their official website.

Contact Information:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

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lawsuit, investors, securities