Glancy Prongay & Murray LLP Announces Securities Fraud Class Action Lawsuit Against The Trade Desk, Inc.
On March 6, 2025, Glancy Prongay & Murray LLP, a leading national litigation law firm, announced that investors who have suffered losses in their Trade Desk, Inc. (“Trade Desk” or the “Company”) investments have the opportunity to lead the securities fraud class action lawsuit against the Company. The lawsuit alleges that Trade Desk and certain of its top executives violated the Securities Exchange Act of 1934 and other federal securities laws. If you suffered losses on your Trade Desk investments, you are encouraged to click here before April 21, 2025 (the “Lead Plaintiff Deadline”) to participate in the securities fraud lawsuit.
What Is The Lawsuit About?
The lawsuit alleges that Trade Desk and certain of its top executives made false and misleading statements to the market and investors regarding the Company’s financial performance and business prospects. Specifically, the lawsuit alleges that the Company and its executives misrepresented the Company’s revenue growth and customer acquisition costs, among other things. These misrepresentations allegedly artificially inflated the Company’s stock price, causing investors to suffer significant losses when the truth was revealed.
How Will This Affect Me?
If you invested in Trade Desk’s securities between January 1, 2021 and December 31, 2024, you may be able to recover your losses through this class action lawsuit. The lawsuit seeks to recover damages on behalf of all investors who were affected by the alleged securities fraud. If the lawsuit is successful, you may be entitled to a share of the recovery.
How Will This Affect The World?
The securities fraud lawsuit against Trade Desk could have far-reaching implications for the advertising technology industry and the tech sector as a whole. The lawsuit alleges that the Company and its executives engaged in deceptive practices, which could deter investors from putting their money into similar companies. Moreover, the lawsuit could lead to increased scrutiny of other tech companies and their financial reporting practices.
Conclusion
If you invested in Trade Desk’s securities between January 1, 2021 and December 31, 2024, and suffered losses as a result of the alleged securities fraud, you may be able to recover your damages through the securities fraud class action lawsuit against the Company. The lawsuit seeks to recover damages on behalf of all affected investors, and if successful, you may be entitled to a share of the recovery. The lawsuit could also have significant implications for the advertising technology industry and the tech sector as a whole, potentially leading to increased scrutiny of financial reporting practices and deterring investors from putting their money into similar companies.
Contact: Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, or call (310) 201-9150 or toll-free at (888) 773-9224. If you inquire before the Lead Plaintiff Deadline, you may, under certain circumstances, be appointed Lead Plaintiff.
