Core Viewpoint - Rosen Law Firm is reminding purchasers of Class A common stock of The Trade Desk, Inc. about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during the specified Class Period [1][5]. Group 1: Class Action Details - The Class Period for the lawsuit is from May 9, 2024, to February 12, 2025, and the lead plaintiff deadline is April 21, 2025 [1]. - Investors who purchased Trade Desk Class A common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Allegations Against The Trade Desk - The lawsuit alleges that Trade Desk made false and misleading statements regarding its business operations, particularly related to the rollout of its AI forecasting tool, Kokai [5]. - Specific claims include significant execution challenges in rolling out Kokai, delays in the rollout, and negative impacts on revenue growth due to these challenges [5]. - The lawsuit asserts that the positive statements made by the defendants about Trade Desk's business were materially false and misleading [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].
ROSEN, A LONGSTANDING LAW FIRM, Encourages The Trade Desk, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TTD