Kessler Topaz Meltzer & Check, LLP Alerts The Trade Desk, Inc. Investors of Key Deadline in Securities Class Action Lawsuit
RADNOR, Pa., March 09, 2025 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP, a law firm specializing in securities fraud cases, has announced that a class-action lawsuit has been filed in the United States District Court for the Central District of California against The Trade Desk, Inc. ("Trade Desk") (NASDAQ: TTD). This lawsuit is intended for individuals who purchased or otherwise acquired Trade Desk Class A common stock, call options, or sold put options between May 9, 2024, and February 12, 2025, encompassing what is termed the "Class Period." The firm emphasizes that the deadline for potential lead plaintiffs to step forward is April 21, 2025.
Contact Information:
Investors are encouraged to reach out to attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].
Allegations Against Trade Desk
The lawsuit outlines several serious allegations regarding the conduct of Trade Desk and its executives. According to the complaints, throughout the Class Period, the defendants allegedly made false and misleading statements while failing to disclose critical information about the company’s operations and future prospects. Key points of concern include: (1) Trade Desk is reportedly facing ongoing execution challenges related to the rollout of its new platform, Kokai, which has been complicated by the transition from the older Solimar platform; (2) These challenges have delayed the effective launch of Kokai; (3) The difficulties in executing this rollout have adversely affected Trade Desk’s operational effectiveness and revenue growth; and (4) Consequently, the positive statements made by defendants regarding the business and its outlook were misleading and lacked substantial basis.
Lead Plaintiff Process
Potential investors of Trade Desk have until April 21, 2025 to apply to become a lead plaintiff representative in this class action. Those interested can engage Kessler Topaz Meltzer & Check, LLP or another legal counsel, or they can choose to remain passive class members. The lead plaintiff serves a crucial role in guiding the lawsuit on behalf of all those who are impacted. The individual or small group with the largest financial stake often assumes this role, which also involves selecting legal representation for the class, subject to court approval. Importantly, whether an investor decides to pursue lead plaintiff status does not affect their eligibility for any potential settlement.
Kessler Topaz Meltzer & Check, LLP urges investors who believe they have been impacted by this situation to contact the firm for further details and assistance.
For More Information:
Investors can learn more or register for the case by following this link: Register Here.
About Kessler Topaz Meltzer & Check, LLP
Kessler Topaz Meltzer & Check, LLP specializes in class action lawsuits across both state and federal jurisdictions in the United States and worldwide. The firm has gained a reputation for excellence, successfully recovering billions for victims of fraudulent and other wrongful corporate behaviors. Their fundamental mission is to protect investors, consumers, and employees from fraud and abuse by corporations and individual fiduciaries. Note that the complaint referenced here was not filed by Kessler Topaz Meltzer & Check, LLP. For more information regarding the firm's services and reputation, visit their website.
Contact:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
lawsuit, investors, TradeDesk