Legal Storm Gathers Around The Trade Desk Following Platform Transition Woes

Multiple prominent law firms have initiated class action investigations against The Trade Desk, Inc. following a dramatic 55% decline in the company’s share value since the beginning of the year. The legal actions allege securities fraud centered on the problematic rollout of the company’s Kokai platform, raising questions about whether the issues extend beyond mere technical difficulties.

The legal proceedings gained momentum when Bragar Eagel & Squire announced it was examining potential claims against the programmatic advertising specialist. This development follows a class action lawsuit filed on February 19th that covers the period between May 2024 and February 2025.

Central to the litigation are allegations that The Trade Desk made “materially false and misleading statements” regarding its Kokai platform implementation... Read more...