Rosen Law Firm Files Class Action Lawsuit Against The Trade Desk, Inc.
On February 26, 2025, Rosen Law Firm, a leading investor rights law firm, announced the filing of a class action lawsuit on behalf of purchasers of The Trade Desk, Inc. (TTD) Class A common stock during the period from May 9, 2024, to February 12, 2025. The lawsuit alleges that The Trade Desk, Inc. and certain of its officers and directors violated the Securities Exchange Act of 1934.
Allegations in the Lawsuit
The complaint alleges that The Trade Desk, Inc. and its executives made false and misleading statements regarding the company’s business, operational, and financial metrics. Specifically, the lawsuit alleges that the defendants failed to disclose that:
- The Trade Desk’s revenue growth was decelerating;
- The company’s expenses were increasing;
- The Trade Desk was experiencing declining demand for its services;
- The company’s customer base was shrinking;
- The Trade Desk was experiencing increased competition.
The lawsuit further alleges that these misrepresentations artificially inflated the price of The Trade Desk’s stock during the Class Period.
Impact on Individual Investors
If you purchased The Trade Desk, Inc. Class A common stock during the Class Period, you may be eligible to participate in the class action lawsuit. The lawsuit seeks to recover damages for investors’ losses. It is important for investors to protect their investments by securing their financial records and keeping any documents related to their purchases of The Trade Desk, Inc. stock.
Impact on the World
The filing of this class action lawsuit against The Trade Desk, Inc. raises concerns about the accuracy and transparency of financial reporting in the tech industry. The lawsuit highlights the importance of companies providing clear and honest information to investors. It also underscores the need for investors to be vigilant about the companies they invest in and to carefully review the information provided by those companies.
Conclusion
The Rosen Law Firm’s filing of a class action lawsuit against The Trade Desk, Inc. is a significant development for investors in the tech industry. The allegations in the lawsuit raise concerns about the accuracy and transparency of financial reporting. Individual investors who purchased The Trade Desk, Inc. Class A common stock during the Class Period may be eligible to participate in the lawsuit. It is important for all investors to remain vigilant and to carefully review the information provided by the companies they invest in.
This is not a solicitation for investment in any securities. If you have any questions about this notice or your rights as a The Trade Desk, Inc. Class A common stockholder, please contact Rosen Law Firm at (866) 767-3653 or [email protected] The deadline to move for lead plaintiff status is April 26, 2025. The case is pending in the United States District Court for the Southern District of New York.
