Core Viewpoint - The Trade Desk, Inc. is facing allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, which has led to execution challenges and negatively impacted revenue growth [1][2]. Group 1: Allegations and Impact - The complaint alleges that during the class period from May 9, 2024, to February 12, 2025, The Trade Desk experienced significant execution challenges in rolling out its AI tool, Kokai, transitioning clients from the older platform, Solimar [1]. - These execution challenges delayed the Kokai rollout, which in turn negatively impacted the company's business operations and revenue growth [1]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were deemed materially false and misleading [1]. Group 2: Shareholder Actions - Shareholders who purchased shares of TTD during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for April 21, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - A securities class action lawsuit has been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified Class Period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - The lawsuit claims that The Trade Desk failed to disclose significant execution challenges related to the Kokai rollout, which involved transitioning clients from the older platform, Solimar [2]. - It is alleged that these execution challenges delayed the Kokai rollout and negatively impacted the company's business operations and revenue growth [2]. - The positive statements made by the company regarding its business and prospects were deemed materially misleading and lacked a reasonable basis during the Class Period [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest in the case [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [4].

Core Viewpoint - Investors in The Trade Desk, Inc. have the opportunity to lead a securities fraud class action lawsuit due to undisclosed execution challenges related to the rollout of the Kokai platform, which negatively impacted the company's business and revenue growth [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that from May 9, 2024, to February 12, 2025, Trade Desk failed to disclose significant execution challenges in transitioning clients from the older platform Solimar to Kokai [2]. - These execution challenges delayed the Kokai rollout and adversely affected the company's business operations and revenue growth [2]. - Positive statements made by the defendants regarding the company's business and prospects were misleading and lacked a reasonable basis during the relevant period [2]. Group 2: Participation Information - Investors who suffered losses related to Trade Desk are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for April 21, 2025 [2]. - Interested parties can contact The Law Offices of Frank R. Cruz for more information or to participate in the lawsuit [3][4].

Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. alleging securities fraud that affected investors between May 9, 2024, and February 12, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business operations and revenue growth [2] - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading due to these issues [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 21, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - The Trade Desk, Inc. is facing allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, which has led to execution challenges and negatively impacted its business operations and revenue growth [1][2]. Allegations Summary - The complaint alleges that during the class period from May 9, 2024, to February 12, 2025, The Trade Desk experienced significant execution challenges in rolling out its AI tool Kokai, including difficulties in transitioning clients from the older platform Solimar [1]. - These execution challenges delayed the rollout of Kokai, which in turn negatively affected the company's business and revenue growth [1]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were deemed materially false and misleading [1]. Next Steps for Shareholders - Shareholders who purchased shares of The Trade Desk during the specified class period are encouraged to register for the class action by April 21, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. Firm's Commitment - The Gross Law Firm is dedicated to protecting the rights of investors affected by deceit and illegal business practices, ensuring companies adhere to responsible business practices [3].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Class A common stock of The Trade Desk, Inc. for the period between May 9, 2024, and February 12, 2025, due to alleged misleading statements and execution challenges related to the rollout of their AI tool, Kokai [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Trade Desk faced significant execution challenges in rolling out Kokai, which negatively impacted its business and revenue growth [5]. - Defendants allegedly made false statements regarding Trade Desk's business operations and prospects, which were materially misleading [5]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Investors wishing to join the class action can do so by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must file a motion with the court by April 21, 2025, to represent other class members [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [4].

Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, alleging securities fraud and unlawful business practices [2][3]. Financial Performance - Trade Desk reported fourth quarter revenue of $741 million, which was below its guidance of $756 million and analysts' estimates of $759.8 million [3]. - The company's revenue guidance for the first quarter of 2025 was at least $575 million, missing analysts' estimates of $581.5 million [3]. Management Commentary - CEO Jeffrey Green indicated that Trade Desk has not fully adopted its new ad-buying platform, Kokai, and is still using its older platform, Solimar, which is causing operational delays [3]. - During an earnings call, Green acknowledged that the rollout of Kokai was slower than anticipated, with some delays being deliberate [3]. Stock Market Reaction - Following the announcement of the financial results and the comments regarding Kokai, Trade Desk's stock price fell by $40.31 per share, or 32.98%, closing at $81.92 on February 13, 2025 [3].

Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to the rollout of its AI forecasting tool, Kokai, which has reportedly encountered significant execution challenges [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. The Trade Desk, Inc." and allows purchasers of Class A common stock between May 9, 2024, and February 12, 2025, to seek appointment as lead plaintiff by April 21, 2025 [1][5]. - The lawsuit alleges that Trade Desk made false or misleading statements regarding the rollout of Kokai, claiming that the company faced self-inflicted execution challenges that delayed the rollout and negatively impacted business operations and revenue growth [3][4]. Group 2: Financial Performance and Impact - On February 12, 2025, Trade Desk reported fourth quarter revenue of $741 million, which was below its guidance of $756 million and analysts' estimates of $759.8 million. Additionally, the revenue guidance for the first quarter of 2025 was at least $575 million, missing analysts' estimates of $581.5 million [4]. - Following the announcement of these financial results, the price of Trade Desk Class A common stock fell by more than 32% [4]. Group 3: Company Background - Trade Desk operates as a technology company providing a self-service, cloud-based ad-buying platform, and launched Kokai on June 6, 2023, to enhance advertising spending efficiency [2][3].

Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, Inc. alleging fraudulent practices related to the rollout of its AI forecasting tool, Kokai, which has reportedly faced significant execution challenges impacting revenue growth [1][2]. Group 1: Lawsuit Details - The lawsuit represents investors who purchased The Trade Desk common stock between May 9, 2024, and February 12, 2025 [1][2]. - The complaint claims that The Trade Desk made false and misleading statements about Kokai's role in the company's growth while failing to disclose execution challenges that delayed its rollout [2][4]. Group 2: Financial Impact - On February 12, 2025, The Trade Desk reported Q4 2024 revenue that was significantly below guidance and analysts' estimates, revealing the company's struggles [3]. - Following the earnings call, where the CEO admitted to maintaining two systems and acknowledged a deliberate slower rollout of Kokai, the stock price dropped over 30%, erasing more than $18 billion in market capitalization in one day [4]. Group 3: Investigation and Response - Hagens Berman is investigating the claims and is urging affected investors to submit their losses [2][5]. - The firm is focusing on the timing and accuracy of The Trade Desk's statements regarding Kokai and whether the company was aware of the slower rollout [5].

Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. due to alleged securities fraud affecting investors between May 9, 2024, and February 9, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that The Trade Desk made false statements and concealed information regarding its Q4 revenue, which was reported at $741 million, significantly lower than the previously projected "at least" $756 million [2] - Following the disappointing revenue results, shares of The Trade Desk Inc. experienced a decline of over 30% [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]