Snap(SNAP)

Search documents
Zuckerberg, Mosseri and Spiegel ordered to testify in child social media safety trial
CNBC· 2025-10-21 15:41
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports "very shortly" but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty ImagesMeta Platforms' CEO Mark Zuckerberg will need to testify at the fi ...
‘Massive Legal Siege’ Against Social Media Companies Looms
Insurance Journal· 2025-10-21 05:21
Thousands of plaintiffs’ complaints, millions of pages of internal documents and transcripts of countless hours of depositions are about to land in US courtrooms, threatening the future of the biggest social media companies.The blizzard of paperwork is a byproduct of two consolidated lawsuits accusing Snap Inc.’s Snapchat; Meta Platforms Inc.’s Facebook and Instagram; ByteDance Ltd.’s TikTok; and Alphabet Inc.’s YouTube of knowingly designing their platforms to addict users – allegedly resulting in youth de ...
Snap Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – SNAP
Globenewswire· 2025-10-20 20:23
Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. for alleged securities fraud affecting investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap provided misleading positive statements while concealing significant declines in advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 [2]. - Following the announcement of second-quarter financial results on August 5, 2025, Snap reported a deceleration in advertising revenue growth, attributing it to issues with their ad platform and other factors [2]. - Snap's stock price dropped from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
'Massive legal siege' against social media firms looms
The Economic Times· 2025-10-20 18:33
The blizzard of paperwork is a byproduct of two consolidated lawsuits accusing The litigation, brewing for more than three years, has had to overcome numerous hurdles, including the liability shield that has protected social media platforms from facing user-harm lawsuits. The social media companies have filed multiple motions to dismiss the cases on the grounds that Section 230 of the Communications Decency Act prevents them from being held accountable for content posted on their sites.Those motions have b ...
SNAP FINAL DEADLINE REMINDER: Bragar Eagel & Squire, P.C. Urges Snap, Inc. Investors to Contact the Firm Before the October 20th Deadline in the Filed Class Action Lawsuit
Globenewswire· 2025-10-20 14:22
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Snap (SNAP) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Snap between April 29, 2025, to August 5, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Ea ...
October 20, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against SNAP
Prnewswire· 2025-10-20 12:45
Accessibility StatementSkip Navigation NEW YORK, Oct. 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Snap Inc. (NYSE: SNAP). Shareholders who purchased shares of SNAP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/snap-inc-loss-submission-form-3/?id=172689&from=4 SOUR ...
X @The Wall Street Journal





The Wall Street Journal· 2025-10-20 09:59
Dozens of major sites including Facebook, Snapchat, Amazon and Roblox appeared to be down early Monday, with financial services Coinbase, Robinhood and Venmo also reporting disruptions https://t.co/FgJTChaoYH ...
ChatGPT picks 2 sub-$10 stock gems to buy in Q4
Finbold· 2025-10-19 17:38
Core Insights - The stock market is experiencing a bullish trend in Q4 2025, with several investment opportunities under $10 that may offer attractive entry points based on valuation [1] - Companies highlighted include Ambev S.A. and Snap, both of which have solid fundamentals despite their low share prices [2][6] Ambev S.A. (NYSE: ABEV) - Ambev is trading around $2 per share and is considered a defensive favorite in a volatile economy, supported by steady profit margins and a low debt balance sheet [2][3] - The company reported a 7.5% increase in quarterly profit, although overall volumes declined due to currency challenges and cost pressures [3] - Analysts estimate ABEV is trading 25% to 30% below its fair value, with profit margins and cash flow metrics outperforming many global beverage peers [3] - ABEV's stock was up 0.90% at $2.25, marking a year-to-date gain of 21% [4] Snap (NYSE: SNAP) - Snap is currently trading just under $10 and has faced challenges since its post-pandemic highs, but management's focus on monetization and AI-driven ad tools is yielding positive results [6][7] - The company reported $1.3 billion in revenue for the most recent quarter, a 16% year-over-year increase, while also narrowing its losses through cost-cutting measures [7] - Snap's Monthly Active Users reached 932 million, which could support revenue growth, especially with increased advertising spending during the holiday season [8] - Despite a nearly 30% decline year-to-date, trading at $7.65, improving fundamentals may present a turnaround opportunity for investors [8]
SNAP CLASS ACTION DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urges Snap, Inc. Investors to Contact the Firm Before the October 20th Deadline in the Filed Class Action Lawsuit
Globenewswire· 2025-10-18 15:14
Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors during the specified period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April [8]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform and other factors [8]. Stock Performance Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [8]. Next Steps for Investors - Investors who purchased Snap shares between April 29, 2025, and August 5, 2025, and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for potential legal recourse [4][8]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 20, 2025 [8]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
SNAP DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Snap Inc. Investors to Secure Counsel Before Important October 20 Deadline in Securities Class Action – SNAP
Globenewswire· 2025-10-18 14:31
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, of the upcoming lead plaintiff deadline on October 20, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Snap securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 20, 2025 [2]. - The lawsuit alleges that Snap's management misrepresented the company's advertising revenue and growth potential, leading to investor losses when the true situation was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [3].