Class Action Filed Against The Trade Desk, Inc. (TTD) - April 21, 2025 Deadline to Join – Contact The Gross Law Firm
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The Gross Law Firm has filed a class action lawsuit against The Trade Desk (TTD) alleging the company made false or misleading statements about its AI forecasting tool Kokai's rollout between May 9, 2024, and February 12, 2025. The lawsuit claims TTD experienced significant execution challenges transitioning clients from the older Solimar platform, which negatively impacted revenue growth.
March 26, 2025 | 3:30 pm
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NEGATIVE IMPACT
The class action lawsuit could potentially damage TTD's reputation and create financial liability related to alleged misrepresentations about its AI platform rollout.
The lawsuit alleges material misstatements about TTD's AI platform rollout, which could negatively impact investor confidence, potentially leading to stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100