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]
SNAP INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Snap Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit