Core Viewpoint - The Dutch consumer rights watchdog ACM has initiated an investigation into Snapchat for potential failures in protecting minors from illegal vape sellers [1] Group 1 - The investigation focuses on Snapchat's responsibility in safeguarding young users from accessing illegal products [1]

Core Insights - Snap is restructuring into small "startup squads" of 10 to 15 people to enhance competitiveness against larger rivals [1] - The company is facing challenges with advertising revenue growth stagnating at 4% in Q2 and a 2% decline in North American daily active users to 98 million [1] Revenue and Growth Opportunities - Snapchat+ subscriptions are generating over $700 million in annual recurring revenue from more than 15 million paying subscribers, marking it as one of Snap's fastest-growing revenue streams [2] - Snap is investing in AR glasses, referred to as Specs, which are envisioned to replace smartphones, indicating a significant shift towards human-centered computing [2] Market Valuation and Stock Performance - The current stock price reflects skepticism, but there is potential for "startup-style return" at Snap's valuation of approximately $12 billion, which is a 90% decrease from its peak market cap of $116 billion in September 2021 [2]

Group 1 - A class action has been filed against Snap Inc. on behalf of investors who acquired its securities between April 29, 2025, and August 5, 2025 [1][2] - The allegations state that Snap misled investors about its advertising revenue and growth prospects, creating a false impression of reliable information while downplaying macroeconomic instability [2] - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other factors, leading to a stock price decline of over 17% from $9.39 to $7.78 per share [3]

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 statements about its advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 due to execution failures [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other factors, leading to a significant stock price drop from $9.39 to $7.78, 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 strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Group 1 - A class action lawsuit has been filed against Snap, Inc. concerning allegations of securities fraud and unlawful business practices by the company and its officers [2][4] - Investors who purchased Snap securities during the Class Period have until October 20, 2025, to request appointment as Lead Plaintiff [2] - Snap reported a deceleration in advertising revenue growth in its Q2 2025 financial results, attributing the slowdown to issues with its ad platform, the timing of Ramadan, and minor changes [4] Group 2 - Following the announcement of the financial results, Snap's stock price fell by $1.61 per share, or 17.15%, closing at $7.78 per share on August 6, 2025 [4]

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] Group 1: Lawsuit Details - The lawsuit claims that Snap provided misleading positive statements while concealing adverse facts about its advertising revenue growth, which dropped from 9% in Q1 to only 1% in April 2025 [2] - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other factors, leading to a significant stock price decline from $9.39 to $7.78, a drop 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 for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]

Core Insights - Snap's shares fell 24.3% in August 2025 despite decent quarterly results, primarily due to modest management comments and soft guidance for the next period [1] - The company targets 476 million daily active users (DAU) in Q3, representing a 7.4% year-over-year increase, but this is a slowdown from the previous quarter's 9% growth [3] - Snap experienced a glitch in its advertising system that temporarily reduced ad revenue, although this issue has since been resolved [4] - Despite the challenges, there is robust demand for Snap's ad inventory, indicating that advertisers continue to invest in the platform [5] - The company is actively working to enhance user growth and engagement through new product launches, including an interactive app for Apple Watch and AI-driven features [7] - The stock remains fragile due to slowing top-line growth and ongoing negative earnings, presenting a turnaround story with uncertainties [8]

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for Snap investors who were affected by misleading statements regarding the company's advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April 2025 [1] - Snap's financial results for Q2 2025 revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform, the timing of Ramadan, and minor changes [1] - Following the announcement of the 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 [1] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant period have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [2] - Class members may be entitled to compensation without any out-of-pocket costs or fees [2] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [3]

Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined during the reported period [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from April 29, 2025, to August 5, 2025 [3]. - Allegations include that Snap's management provided overly positive statements while concealing a significant decline in advertising revenue growth, which dropped from 9% in Q1 to only 1% in April 2025 [3]. Financial Impact - On August 5, 2025, Snap announced a slowdown in advertising revenue growth, attributing it to issues with their ad platform and external factors [3]. - Following this announcement, Snap's stock price fell from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by October 20, 2025, to potentially be appointed as lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined during the reported period [1][2]. Group 1: Allegations and Financial Impact - The class period for the allegations is from April 29, 2025, to August 5, 2025 [2]. - Snap's advertising revenue growth rate reportedly fell from 9% in Q1 to only 1% in April 2025, attributed to execution failures [2]. - Following the announcement of the second quarter financial results on August 5, 2025, Snap's stock price dropped from $9.39 to $7.78 per share, a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by October 20, 2025, to participate in potential recovery [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [4].