Important Information for Investors: Rosen Law Firm Reminds Buyers of The Trade Desk, Inc. (TTD) Stock During Specific Period of Importance
NEW YORK, March 22, 2025
Rosen Law Firm, a leading global investor rights law firm, reminds purchasers of The Trade Desk, Inc. (TTD) Class A common stock that the deadline to file a lead plaintiff motion in the securities class action lawsuit against The Trade Desk, Inc. is approaching. The lawsuit alleges that The Trade Desk, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the company was experiencing significant challenges with its demand generation efforts; (2) the company’s financial results would be adversely impacted; and (3) as a result, defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Class Period and Eligibility
The class action lawsuit covers purchasers of The Trade Desk, Inc. Class A common stock during the period from May 9, 2024, to February 12, 2025, inclusive (the “Class Period”). If you purchased The Trade Desk, Inc. Class A common stock during the Class Period, you may be entitled to recover your loss.
Lead Plaintiff Deadline
Lead plaintiff is the proposed first investor over whom the other class members will collectively bargain. In order to be eligible for appointment as lead plaintiff, a claimant must meet certain legal requirements and must also demonstrate that they have the ability to adequately represent the class. The lead plaintiff will retain a law firm of their choice to litigate the action and will be responsible for coordinating with other class members in the absence of a representative class representative. You may be required to act as a lead plaintiff or choose to join a lead plaintiff’s class action. The class has until April 21, 2025, to file a lead plaintiff motion.
Impact on Individual Investors
If you purchased The Trade Desk, Inc. Class A common stock during the Class Period and suffered a loss, you have until April 21, 2025, to request that the court appoint you as lead plaintiff. Appointment as lead plaintiff does not require you to take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. However, if you wish to seek appointment as a lead plaintiff, you must meet certain legal requirements and have the ability to adequately represent the class. If appointed as lead plaintiff, you will be responsible for coordinating with other class members and for selecting and retaining counsel for the class. If you do not wish to seek appointment as a lead plaintiff, you may still participate in the class action as an absent class member.
Impact on the World
The securities class action against The Trade Desk, Inc. is one of many lawsuits that seek to hold publicly traded companies accountable for making false or misleading statements to investors. These lawsuits can have significant implications for the business and financial markets, as they can lead to increased scrutiny of corporate disclosures and potentially result in substantial financial recoveries for affected investors. In the case of The Trade Desk, Inc., the allegations of misrepresentation could potentially impact the company’s reputation and investor confidence, as well as its financial performance.
Conclusion
If you purchased The Trade Desk, Inc. Class A common stock during the Class Period and suffered a loss, you may be entitled to recover your damages. Rosen Law Firm encourages you to contact them before the lead plaintiff deadline in order to discuss your potential role as a lead plaintiff or to join an existing one. The firm is dedicated to ensuring that all investors have the information they need to make informed decisions about their investments and take appropriate legal action when necessary.
- Rosen Law Firm reminds purchasers of The Trade Desk, Inc. Class A common stock during the Class Period of the lead plaintiff deadline.
- The lawsuit alleges that The Trade Desk, Inc. made materially false and/or misleading statements and/or failed to disclose significant challenges with its demand generation efforts and financial results.
- Individual investors who purchased The Trade Desk, Inc. Class A common stock during the Class Period and suffered a loss may be entitled to recover their damages.
- The securities class action against The Trade Desk, Inc. can have significant implications for the company’s reputation, investor confidence, and financial performance.
