| COMPANY |
The Trade Desk, Inc. |
| COURT |
United States District Court for the Central District of California |
| CASE NUMBER |
2:25-cv-01396 |
| JUDGE |
The Hon. Christina A. Snyder |
| CLASS PERIOD |
November 15, 2023 and August 8, 2025 |
| SECURITY TYPE |
Common Stock |
Case Background:
This is a class action lawsuit filed on behalf of those who purchased or otherwise acquired The Trade Desk, Inc. (“Trade Desk”) (NASDAQ: TTD) common stock between November 15, 2023 and August 8, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, Trade Desk’s critical new ad-buying platform, including transitioning clients to Kokai from the company’s older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk’s inability to effectively execute the Kokai Rollout negatively impacted the company’s business and operations, particularly revenue growth; and (4) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On August 15, 2025, Lead Plaintiff filed the First Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.