Important Information for Investors in The Trade Desk, Inc. (TTD): Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, March 10, 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 important deadlines in the securities class action lawsuit captioned In Re The Trade Desk, Inc. Securities Class Action. The lawsuit alleges that The Trade Desk, Inc. and certain of its top executives made materially false and misleading statements and failed to disclose material information during the Class Period.
Background
The Trade Desk, Inc. is a technology company that operates a self-service platform for buying and managing digital advertising. The company provides demand-side platform (DSP) technology and services that enable advertisers to manage digital advertising campaigns through a single platform. The Trade Desk’s platform allows advertisers to target their digital ads to specific audiences across various digital channels, including social media, mobile devices, and websites.
Allegations in the Lawsuit
The lawsuit alleges that during the Class Period, The Trade Desk and certain of its executives made false and misleading statements and failed to disclose material information regarding the company’s business, operations, and financial condition. Specifically, the complaint alleges that defendants made false and misleading statements regarding the company’s revenue growth, customer base, and financial metrics. The complaint also alleges that defendants failed to disclose that the company was experiencing declining customer demand and increasing competition.
Lead Plaintiff Deadline
If you purchased The Trade Desk, Inc. Class A common stock during the Class Period, you may be entitled to compensation without filing an individual lawsuit. The lead plaintiff deadline is April 21, 2025. The lead plaintiff is the court-appointed representative for all Class members in this lawsuit. The lead plaintiff plays a significant role in this litigation and is entitled to certain rights, including being represented by the law firm on a contingency fee basis.
Potential Impact on Individual Investors
For investors who purchased The Trade Desk, Inc. Class A common stock during the Class Period, the lawsuit could result in significant financial losses. If the allegations in the lawsuit are proven true, it may be determined that the defendants violated securities laws, leading to potential damages for affected investors. The exact amount of damages will depend on the outcome of the lawsuit and the number of eligible class members.
Potential Impact on the Industry and the Market
The outcome of this lawsuit could have far-reaching implications for the digital advertising industry and the technology sector as a whole. The lawsuit highlights the importance of transparency and accurate reporting by publicly-traded companies, particularly those in the technology sector. If the allegations in the lawsuit are proven true, it could lead to increased scrutiny of other technology companies and their reporting practices.
Conclusion
If you purchased The Trade Desk, Inc. Class A common stock between May 9, 2024, and February 12, 2025, you may be entitled to compensation. The lead plaintiff deadline is April 21, 2025. Rosen Law Firm encourages investors to contact the firm to discuss their potential role in this litigation and their potential recovery.
- Rosen Law Firm announces class action lawsuit against The Trade Desk, Inc.
- Allegations of false and misleading statements and failure to disclose material information.
- Lead plaintiff deadline is April 21, 2025.
- Impact on individual investors could be significant financial losses.
- Outcome of the lawsuit could have far-reaching implications for the digital advertising industry and the technology sector.
