INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in The Trade Desk of Class Action Lawsuit and Upcoming Deadlines - TTD
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Pomerantz LLP has filed a class action lawsuit against The Trade Desk (TTD) alleging potential securities fraud. The lawsuit stems from the company's Q4 2024 earnings report, where TTD missed revenue guidance and disclosed slower-than-anticipated adoption of its new Kokai ad-buying platform. The stock price dropped 32.98% following the earnings announcement, with CEO Jeffrey Green admitting to deliberately slower platform rollout.
March 27, 2025 | 10:15 pm
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The class action lawsuit highlights potential securities fraud related to TTD's Kokai platform rollout and missed financial guidance, which could impact investor confidence and stock performance.
The lawsuit and significant stock price drop indicate serious investor concerns about TTD's strategic communication and platform transition. The CEO's admission of deliberately slower rollout raises questions about management transparency.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100