Important Information for Investors of The Trade Desk, Inc. (TTD)
New York, NY – 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 approaching lead plaintiff deadline in the securities class action. This deadline is significant, as it represents an opportunity for investors to seek potential compensation without any out-of-pocket fees or costs.
Background
The Trade Desk, Inc. is a technology company that provides a self-service platform for buying digital advertising. The company’s advertising platform enables advertisers to manage digital advertising campaigns across various channels, including social, mobile, video, and display. The Trade Desk’s technology is designed to allow advertisers to target their campaigns to specific audiences, optimize their campaigns for performance, and measure the results of their advertising efforts.
Securities Class Action
Rosen Law Firm has filed a securities class action lawsuit against The Trade Desk, Inc. (TTD) on behalf of purchasers of the company’s Class A common stock during the Class Period. The complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that:
- The Trade Desk’s sales growth was slowing;
- The company was experiencing increased competition;
- The company’s expenses were increasing;
- The company’s revenue growth was decelerating;
As a result of these allegedly false and misleading statements, The Trade Desk’s stock traded at artificially inflated prices during the Class Period.
Lead Plaintiff Deadline
If you purchased Trade Desk Class A common stock during the Class Period, you may be entitled to compensation. The lead plaintiff deadline in this case is April 21, 2025. This deadline is significant because it represents the last opportunity for investors to seek appointment as lead plaintiff in the securities class action. As the lead plaintiff, you would act on behalf of all other class members in the lawsuit.
Potential Impact on Individual Investors
If you purchased Trade Desk Class A common stock during the Class Period, you may be able to recover your losses through a contingency fee arrangement. A successful securities class action can result in a monetary recovery for class members. The exact amount of recovery will depend on the size of the class, the size of the damages, and the amount of fees and expenses paid to the attorneys representing the class.
Potential Impact on the World
Securities class actions play an important role in the financial markets by promoting transparency and holding companies accountable for misrepresentations. A successful securities class action against The Trade Desk, Inc. could send a strong message to other technology companies to ensure accurate and transparent disclosures to investors.
Conclusion
If you purchased Trade Desk Class A common stock during the Class Period, you may be entitled to compensation. The lead plaintiff deadline in this case is April 21, 2025. Rosen Law Firm encourages investors to contact the firm to discuss their potential recovery options. The firm represents investors in securities class actions and other complex litigation, and has recovered hundreds of millions of dollars for its clients.
It is important to note that class membership requires no out-of-pocket cost or obligation, and the firm’s contingency fee structure ensures that you only pay if there is a recovery. If you wish to serve as lead plaintiff, you must apply before the lead plaintiff deadline.
The Trade Desk, Inc.’s securities class action is an important case for investors, and it highlights the need for accurate and transparent disclosures from publicly traded companies. If you have any questions about this case or your potential recovery options, please contact Rosen Law Firm for a free consultation.