Snap Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights - SNAP

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 fell 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 dropped 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: Investor Participation - 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, with no obligation to participate [2] Group 3: Law 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 U.S. for seven consecutive years [3]