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].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Snap Inc. (SNAP) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm