Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Group 1: Allegations and Financial Impact - The complaint alleges that Snap's management provided overly positive statements while concealing material adverse facts about the company's advertising revenue growth [1]. - Snap's advertising revenue growth rate fell dramatically, with a reported deceleration attributed to issues with their ad platform and external factors, leading to a significant stock price drop of approximately 17.15% from $9.39 to $7.78 per share in one day [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as April 29, 2025, to August 5, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is October 20, 2025, and there is no cost or obligation to participate in the case [2]. 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 [3].

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Snap Inc. (“Snap” or the “Company”) (NYSE: SNAP) between April 29, 2025, and August 5, 2025, inclusive. For more information, submit a form at Snap Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (212) 951-2030. A ...

Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for misleading investors regarding its advertising revenue and growth potential during the specified Class Period from April 29, 2025, to August 5, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Snap's management created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [5]. - It is alleged that Snap's optimistic reports on advertising growth did not reflect the reality of its operational challenges, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Snap securities during the Class Period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions for investors over the years [4].

Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for allegedly misleading investors about its business prospects, particularly regarding advertising revenue and growth expectations during the specified period [1][2]. Allegations - The complaint claims that Snap's management created a false impression of having reliable information about expected advertising revenue while downplaying macroeconomic instability [2]. - Snap's optimistic reports on advertising growth were found to be misleading, as they were overly reliant on the company's execution capabilities, which were already faltering [2]. Financial Results and Stock Impact - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform and external factors like the timing of Ramadan [3]. - Following this announcement, Snap's stock price dropped from $9.39 per share to $7.78 per share, marking a decline of over 17% [3]. Class Action Participation - Shareholders may be eligible to participate in the class action against Snap Inc. and can contact Robbins LLP for more information [3]. - Individuals interested in serving as lead plaintiffs are encouraged to reach out, although participation is not required for recovery eligibility [3]. About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [4].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Snap Inc. securities between April 29, 2025, and August 5, 2025, alleging that the company misrepresented its advertising revenue and growth potential during this period [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Snap's management created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [5]. - The lawsuit alleges that Snap's optimistic reports on advertising growth did not reflect reality, as the company was already facing significant execution errors [5]. - Investors are encouraged to join the class action without any out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has a history of significant recoveries for investors, including over $438 million in 2019 alone [4]. - Investors can join the class action by submitting a form or contacting the firm directly [3][6].

Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for alleged violations of federal securities laws, focusing on misleading statements regarding the company's advertising revenue growth [1][2][3] Class Definition - The lawsuit seeks damages for all individuals and entities that purchased Snap securities between April 29, 2025, and August 5, 2025, inclusive [2] Case Details - The Complaint alleges that Snap's advertising revenue growth declined significantly from 9% in Q1 2025 to just 1% in April 2025 due to execution failures [3] - Defendants are accused of misrepresenting Snap's advertising performance by issuing overly positive statements while concealing negative facts [3] - As a result, statements made by the Defendants regarding Snap's business and prospects were materially false and misleading [3] Next Steps - Interested investors have until October 20, 2025, to request to be appointed as lead plaintiff in the case [4] - A copy of the Complaint can be reviewed on the law firm's website [4] Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5] - Bronstein, Gewirtz & Grossman, LLC has a history of recovering significant amounts for investors in securities fraud cases [6]

Core Viewpoint - Snap Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its advertising revenue and growth potential during the specified class period from April 29, 2025, to August 5, 2025 [1][3]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Snap securities during the class period and have until October 20, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that Snap's management created a false impression of reliable advertising revenue information while attributing uncertainties to external macroeconomic conditions [3]. Group 2: Allegations and Financial Impact - The complaint alleges that Snap's optimistic statements about advertising growth were unfounded and based on execution capabilities that the company was failing to meet [3]. - On August 5, 2025, Snap reported disappointing second quarter 2025 financial results, revealing a sharp slowdown in advertising revenue, which led to a stock price drop of more than 17% [4].

Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. for allegedly providing misleading information regarding its advertising revenue expectations during the second quarter and full year fiscal 2025 [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that Snap's management made overly positive statements about the company's advertising growth potential while concealing significant declines in advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 [3]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with its ad platform and other external factors, leading to a significant stock price drop from $9.39 to $7.78 per share, a decline of approximately 17.15% in one day [4]. Group 2: Investor Actions - Investors who acquired Snap shares during the class period are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on October 20, 2025, to discuss their rights and interests regarding the class action [5].

Core Viewpoint - A shareholder class action lawsuit has been filed against Snap Inc. alleging that the company made materially false and misleading statements regarding its advertising revenue growth rate [1]. Group 1 - The lawsuit claims that Snap failed to disclose material adverse information about its advertising revenue growth [1]. - The class action pertains to shareholders who purchased Snap shares between April 29, 2025, and August 5, 2025, and experienced significant losses [2]. - The deadline for shareholders to request to be appointed as lead plaintiff in the case is October 20, 2025 [3]. Group 2 - Holzer & Holzer, LLC is the law firm representing the shareholders, known for its strong track record in securities litigation [3]. - The firm has been recognized as an ISS top-rated securities litigation law firm for the years 2021, 2022, and 2023 [3]. - Holzer & Holzer has a history of recovering hundreds of millions of dollars for shareholders affected by corporate misconduct since its founding in 2000 [3].

Core Viewpoint - The Snap Inc. class action lawsuit alleges that the company and its executives misled investors regarding advertising revenue and growth expectations, leading to significant financial losses when the truth was revealed [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Abdul-Hameed v. Snap Inc., and it involves purchasers of Snap securities from April 29, 2025, to August 5, 2025, with a deadline of October 20, 2025, for lead plaintiff applications [1]. - The lawsuit claims that Snap's executives created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [3]. - On August 5, 2025, Snap reported disappointing second-quarter results, revealing a significant deceleration in advertising revenue, which caused Snap's stock price to drop over 17% [4]. Group 2: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Snap securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing substantial monetary relief for investors [6].