Trade Desk (TTD) Faces Class Action Suit Over Alleged Kokai Rollout Stumbles – Hagens Berman
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The Trade Desk, Inc. (NASDAQ: TTD) is facing a class action lawsuit alleging fraudulent practices in the rollout of its AI tool, Kokai. The lawsuit represents investors who acquired TTD stock between May 9, 2024, and February 12, 2025.
February 21, 2025 | 10:00 pm
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The Trade Desk is facing a class action lawsuit alleging fraudulent practices in the rollout of its AI tool, Kokai. This legal issue could impact investor confidence and stock performance.
The lawsuit alleges fraudulent practices in the rollout of Kokai, which could lead to negative investor sentiment and potential financial liabilities, impacting TTD's stock price negatively in the short term.
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IMPORTANCE 80
RELEVANCE 100