The Trade Desk, Inc. (NasdaqGM: TTD)

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The Trade Desk, Inc. (“Trade Desk” or the “Company”) (NasdaqGM: TTD).

On February 12, 2025, the Company announced its financial results for the fourth quarter and full year of 2024, disclosing 4Q 2024 revenue of $741 million – below its previously issued guidance of $756 million and analysts’ estimates of $759.8 million because, contrary to prior assurances of a seamless conversion, it had not yet transitioned all of its clients to the new advertising platform, Kokai, and was still “maintaining 2 systems, Solimar and Kokai,” and that “Kokai rolled out slower than anticipated,” but that “in some cases, the slower Kokai rollout was deliberate.”

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.

KSF’s investigation is focusing on whether Trade Desk’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Trade Desk shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.