Important Information for Investors of The Trade Desk, Inc. (TTD)
New York, NY – April 7, 2025
Rosen Law Firm, a leading 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 significant April 21, 2025, lead plaintiff deadline.
What is the Class Action Lawsuit About?
The lawsuit alleges that The Trade Desk, Inc. and certain of its top executives made false and/or misleading statements and/or failed to disclose: (1) that the Company was experiencing significant issues with its demand generation efforts and that its revenue growth was decelerating; (2) that the Company was experiencing increased competition from larger competitors, including Amazon and Google; and (3) that, as a result of the foregoing, Defendants’ statements about the Company’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
Who is Eligible to Participate in the Class Action Lawsuit?
If you purchased or otherwise acquired 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 the Lead Plaintiff Deadline?
Plaintiffs have until April 21, 2025, to apply to be appointed as Lead Plaintiff in the class action. The Lead Plaintiff is usually the person or entity that has the largest financial interest in the relief sought by the class. This person or entity is responsible for directing the lawsuit and retaining counsel. As a result, the Lead Plaintiff plays a critical role in the litigation.
How Will This Affect Me?
If you purchased Trade Desk Class A common stock during the Class Period, you may be able to recover your losses, plus an additional amount, through the class action. The recovery process is simple and requires no out-of-pocket costs or fees.
How Will This Affect the World?
The outcome of this class action lawsuit could have significant implications for the investment community, as it may lead to increased scrutiny of publicly traded companies and their executive teams regarding the accuracy of their financial statements and disclosures. It could also result in increased pressure on companies to be more transparent about their business operations and prospects.
- Investors may become more cautious when investing in publicly traded companies, as they may demand more transparency and accurate financial reporting.
- Companies may face increased regulatory scrutiny and potential legal action if they fail to provide accurate and timely financial information.
- The outcome of this case could lead to a wave of similar class action lawsuits against other publicly traded companies.
Conclusion
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. The April 21, 2025, lead plaintiff deadline is fast approaching, so it is important to act quickly if you believe you may be eligible to participate in the class action. The outcome of this case could have significant implications for the investment community, as it may lead to increased scrutiny of publicly traded companies and their executive teams regarding the accuracy of their financial statements and disclosures.
