What’s Next? The Industry Watches Closely
This dismissal further defines the limits of executive pay lawsuits, potentially influencing similar cases involving tech and media CEOs.
As for The Trade Desk, the ruling allows Green and his leadership team to focus on business growth rather than courtroom battles, reinforcing their position in the high-stakes world of digital marketing.
Legal Teams Involved
- Stockholders (Plaintiffs): Represented by Ashby & Geddes PA, Hach Rose Schirripa & Cheverie LLP, Levi & Korsinsky LLP, Smith Katzenstein & Jenkins LLP, and Purcell & Lefkowitz LLP.
- The Trade Desk & Board Members: Represented by Potter Anderson & Corroon LLP and Latham & Watkins LLP.
- CEO Jeffrey Green: Represented by Wilson Sonsini Goodrich & Rosati PC.
With corporate governance under scrutiny and Delaware’s legal framework in flux, this case is unlikely to be the last word in the fight over CEO pay and board accountability.