The Trade Desk(TTD) Prnewswire·2025-02-28 10:45Core 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]