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 for shareholders during the specified class period [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Abdul-Hameed v. Snap Inc., No. 25-cv-07844 (C.D. Cal.), and it involves purchasers of Snap securities from April 29, 2025, to August 5, 2025 [1]. - Investors have until October 20, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Snap's executives created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [3]. Group 2: Allegations and Impact - On August 5, 2025, Snap reported disappointing second-quarter results, revealing a significant deceleration in advertising revenue, which was partly attributed to a change that led to reduced auction prices for campaigns [4]. - Following the release of these results, Snap's stock price fell by more than 17% [4]. Group 3: 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, representing the interests of the class [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 [6].

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 class period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements about the company's performance while concealing material adverse facts about its 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 its ad platform and other factors [8]. Stock Price 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 during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][8].

Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. and certain senior executives, alleging that the company misled investors regarding its digital advertising platform's performance and growth prospects [1][5]. Summary by Relevant Sections Lawsuit Details - The lawsuit targets investors who purchased Snap shares between April 29, 2025, and August 5, 2025, and seeks to hold the company accountable for investor losses [1][5]. - The complaint claims that Snap provided false assurances about the effectiveness and growth potential of its advertising platform, failing to disclose a significant "execution error" that negatively impacted its ad revenue [5][10]. Financial Performance - Snap reported its Q2 2025 results on August 5, 2025, missing analyst estimates for GAAP EPS and revealing a slowdown in ad revenue growth from 9% in Q1 to just 1% in April [6]. - Following the disclosure of these results, Snap's stock price dropped approximately 17% the next day [7]. Investigation and Call to Action - Hagens Berman, a law firm representing investors, is investigating the claims and encourages those who suffered losses to come forward [8][10]. - The firm is particularly interested in whether Snap was aware of the execution error and the resulting revenue deceleration but chose to delay disclosure [10].

Core Insights - Snapchat has introduced new storage plans for users who exceed the 5GB free limit for Memories, offering options of 100GB, 250GB with Snapchat+, and 5TB with Snapchat Platinum [4] - The company will provide 12 months of temporary storage for Memories that exceed the free limit, allowing users time to decide on upgrades [4][1] - Snapchat aims to transition users from free services to paid plans by emphasizing the value of Memories [2] User Engagement and Market Strategy - Snapchat reports over 250 million monthly users globally, with 70% of them being Gen Z [3] - The platform has seen increased engagement, particularly in India, where total time spent on the app has doubled over the past two years [4][3] - India is a key focus for Snapchat's global creator strategy due to its rapid growth and significant content contribution [3]

Core Points - A securities fraud class action lawsuit has been filed against Snap Inc. for alleged misrepresentations regarding its advertising revenue growth rate [2] - Investors who purchased Snap securities between April 29, 2025, and August 5, 2025, are eligible to participate in the lawsuit [2] - The deadline to file as a lead plaintiff in the class action is October 20, 2025 [3] Legal Context - The lawsuit was initiated in the United States District Court for the Central District of California, targeting Snap and certain senior officers for violations of the Securities Exchange Act of 1934 [2] - The firm representing the investors, Bernstein Liebhard LLP, has a history of recovering over $3.5 billion for clients and has been recognized for its litigation success [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to allegations of misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Summary by Sections Allegations - The complaint alleges that Snap Inc. provided overly positive statements to investors while concealing material adverse facts about its advertising revenue growth rate [1]. - The advertising revenue growth rate reportedly dropped from 9% in Q1 to only 1% in April 2025, attributed to execution failures within the company [1]. Financial Impact - On August 5, 2025, Snap announced its Q2 financial results, revealing a slowdown in advertising revenue growth due to issues with its ad platform and other factors [1]. - Following this announcement, Snap's stock price fell from $9.39 per share on August 5 to $7.78 per share on August 6, representing a decline of approximately 17.15% in one day [1]. Class Action Details - Shareholders who purchased shares of Snap during the class period from April 29, 2025, to August 5, 2025, are encouraged to register for the class action lawsuit [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].

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 [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm or visiting their website [3][6]. - The lead plaintiff must file a motion with the Court by October 20, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including a record settlement against a Chinese company and being ranked No. 1 for settlements in 2017 [4]. Group 3: Case Allegations - The lawsuit alleges that Snap's management misled investors by presenting overly optimistic expectations regarding advertising revenue and growth, while downplaying significant execution errors and macroeconomic challenges [5]. - When the true situation was revealed, investors reportedly suffered damages due to the discrepancies between Snap's claims and actual performance [5].

Core Viewpoint - Investors in Snap Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's advertising growth and earnings potential [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that between April 29, 2025, and August 5, 2025, Snap's management failed to disclose critical information, including: 1. Snap's optimistic reports on advertising growth and earnings potential were not aligned with reality, as they overly depended on the company's execution capabilities [2]. 2. Snap was facing significant execution errors, contrary to the management's claims of lacking visibility due to macroeconomic conditions [2]. 3. The positive statements made by the management regarding the company's business and prospects were materially misleading and lacked a reasonable basis throughout the relevant period [2]. Participation Information - Investors who suffered losses on their Snap investments are encouraged to participate in the class action lawsuit before the lead plaintiff deadline of October 20, 2025 [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information regarding participation and their rights [3][4]. Contact Information - For inquiries, investors can reach out to Charles Linehan at Glancy Prongay & Murray LLP, located at 1925 Century Park East, Suite 2100, Los Angeles, California 90067, via email or telephone [3][5].

Core Insights - India is a key market for Snapchat's global creator strategy, being one of the fastest-growing markets and a significant contributor to content on the platform [1][2] - The number of official Snap Stars in India has increased by 1.5 times over the past two years, indicating a strong interest in creator-led content [2] - Snapchat's engagement among younger users in India has surged, with total time spent on the platform doubling over the past two years [2] Industry Overview - Snapchat currently has over 250 million monthly users globally, with 70% of them being Gen Z [2] - India's digital economy was valued at $190 billion in 2024 and is projected to exceed $1 trillion by 2030, with user numbers expected to rise from 238 million in 2024 to 500 million by 2030 [2] Creator Ecosystem - Snapchat has invested in initiatives like 'Snapchat Creator Connect' to build an inclusive creator ecosystem, reaching creators beyond metropolitan areas in India [1][2] - Content shared on Spotlight by creators and publishers has increased over fourfold year-on-year [2] - Brands from various sectors, including fashion, beauty, and consumer tech, are engaging with Snapchat creators for influencer marketing partnerships targeting Gen Z consumers [2]

Core Insights - Snapchat's popularity in India has significantly increased due to its efforts to customize the app and engage with Gen Z, leading to a doubling of time spent on the platform over the past two years [2][4] - The number of official Snap Stars in India has risen by 1.5 times, indicating a growing demand for authentic creator-led content [3] - Snapchat's financial performance in India shows a 28.5% increase in operating revenue to ₹101.3 crore in FY24, with net profit growing 25.9% to ₹9.7 crore [5] User Engagement - The average time spent on Snapchat in India is estimated to be between 15-30 minutes per day per user, with a user base of 250 million active users [2] - Snapchat's strategy includes increasing local content creation, with young creators emerging from various Indian cities [6] - The platform has seen a fourfold increase in content shared on Spotlight, its entertainment feed [3] Market Strategy - Localization is a key strategy for Snapchat, focusing on engaging young creators and increasing movie and TV content partnerships [6][7] - Snapchat has partnered with major brands for advertising, utilizing augmented reality (AR) features to enhance user engagement [8] - The platform is seen as a good space for creators due to its emphasis on authenticity and engagement rather than high production values [9] Demographics and Audience - Snapchat's primary audience in India is between 13 and 34 years old, making it suitable for industries like fashion, beauty, and entertainment [12][13] - The app has limited traction among users over 40, which may restrict its brand impact [14] - While Snapchat is effective for brand awareness, it is not seen as a strong platform for performance marketing or direct conversions [15][16] Challenges - A significant challenge for Snapchat is the lack of creator discoverability, with many creators using the platform as a secondary option rather than a primary one [17] - Brands are hesitant to allocate large marketing budgets to Snapchat due to its focus on a younger audience, many of whom lack purchasing power [16]