Important Information for Trade Desk, Inc. (TTD) Stock Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY – Rosen Law Firm, a global investor rights law firm, reminds purchasers of The Trade Desk, Inc. (TTD) Class A common stock between May 9, 2024, and February 12, 2025, both dates inclusive (the “Class Period”), of the important April 21, 2025, lead plaintiff deadline. If you purchased Trade Desk Class A common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What is a Class Action Lawsuit?
A class action lawsuit is a type of lawsuit where a large group of people or entities, in this case, TTD stockholders, come together to assert a common claim against a defendant, in this case, The Trade Desk, Inc. The lead plaintiff represents the interests of the entire class, and the compensation obtained in the case is shared among the class members.
Why was the Class Action Lawsuit Filed?
The complaint alleges that The Trade Desk, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) The Trade Desk’s financial statements for 2019 and 2020 contained errors related to stock-based compensation expense; (2) The Trade Desk’s internal control over financial reporting was inadequate; and (3) The Trade Desk’s financial statements for the periods ending December 31, 2019 and 2020 did not accurately reflect the company’s financial results and financial condition.
How Does This Affect Me as a TTD Stockholder?
If you purchased TTD Class A common stock during the Class Period, you may be entitled to compensation for your losses. The compensation obtained in the case would be paid out to the class members, and you would not be required to pay any out-of-pocket fees or costs. To participate in the case, you must submit your proof of purchase and other required documentation to the Court by April 21, 2025.
How Does This Affect the World?
The filing of a class action lawsuit against The Trade Desk, Inc. raises concerns about the accuracy of the company’s financial statements and the effectiveness of its internal control over financial reporting. This could lead to increased scrutiny of the company by regulators and investors, potentially impacting the stock price and investor confidence. Additionally, the outcome of the case could result in compensation for affected investors and potential changes to the company’s financial reporting practices.
Conclusion
If you purchased TTD Class A common stock between May 9, 2024, and February 12, 2025, you may be entitled to compensation for your losses. The lead plaintiff deadline is April 21, 2025, and to participate in the case, you must submit your proof of purchase and other required documentation to the Court. For more information, please contact Rosen Law Firm by calling Phillip Kim, Esq. or Danielle Campana Sica, Esq. at 866-767-3653 or via email at [email protected] or [email protected].
About Rosen Law Firm: Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 in the number of securities class action settlements in 2019 and 2020. The firm has recovered hundreds of millions of dollars for investors.
Contact Information: Laurence Rosen, Esq.
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Ph: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
- Source: Rosen Law Firm Press Release
- Date: March 7, 2025
