Bronstein, Gewirtz & Grossman, LLC: Class Action Lawsuit Filed Against The Trade Desk, Inc.
On March 14, 2025, in the United States District Court for the Southern District of New York, Bronstein, Gewirtz & Grossman, LLC, a leading national securities litigation law firm, announced that a class action lawsuit has been filed against The Trade Desk, Inc. (“Trade Desk” or “the Company”) (NASDAQ:TTD) and certain of its officers. The lawsuit alleges that the Company and its officers violated the federal securities laws.
Class Definition
The lawsuit, which is filed on behalf of all persons and entities that purchased or otherwise acquired Trade Desk securities between May 9, 2024 and February 12, 2025, both dates inclusive (the “Class Period”), seeks to recover damages suffered by the Class as a result of Defendants’ alleged violations.
Allegations
The complaint alleges that during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that:
- The Company’s financial statements were materially misstated;
- The Company failed to maintain effective internal control over financial reporting;
- The Company’s revenue growth was primarily driven by acquisitions and not organic growth;
- The Company’s financial metrics, including customer metrics, were not reliable;
As a result of this alleged misconduct, the price of Trade Desk securities was artificially inflated during the Class Period.
Effect on Individual Investors
If you purchased or otherwise acquired Trade Desk securities during the Class Period, you may be eligible to participate in the class action lawsuit. You may be entitled to recover your losses, including damages for any financial harm you suffered as a result of the alleged violations. To learn more about the lawsuit and your potential eligibility, contact Bronstein, Gewirtz & Grossman, LLC.
Effect on the World
The filing of this class action lawsuit against The Trade Desk, Inc. is significant as it highlights the importance of transparency and accurate financial reporting. The lawsuit alleges that the Company and its officers failed to provide investors with accurate and complete information, potentially leading to inflated stock prices and financial losses for investors. This case serves as a reminder to all publicly traded companies to ensure that they are providing accurate and timely information to their investors.
Conclusion
Bronstein, Gewirtz & Grossman, LLC’s filing of a class action lawsuit against The Trade Desk, Inc. and certain of its officers alleges that the Company and its officers violated federal securities laws during the Class Period. The lawsuit seeks to recover damages for all persons and entities that purchased or otherwise acquired Trade Desk securities during this time. If you purchased Trade Desk securities during the Class Period, you may be eligible to participate in the lawsuit. The case highlights the importance of transparency and accurate financial reporting for publicly traded companies.
For more information about the lawsuit and your potential eligibility, contact Bronstein, Gewirtz & Grossman, LLC.
