SNAP SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Snap Inc. - SNAP

Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. for failing to disclose material information during the class period from April 29, 2025, to August 5, 2025, leading to significant financial losses for investors [1][3]. Summary by Sections Lawsuit Details - The lawsuit is titled Abdul-Hameed v. Snap, Inc., et al., No. 25-cv-07844, and is pending in the United States District Court for the Central District of California [4]. - Investors who purchased Snap securities during the class period have until October 20, 2025, to file lead plaintiff applications [1][2]. Financial Impact - On August 5, 2025, Snap announced its second-quarter financial results, revealing a deceleration in advertising revenue growth due to issues with its ad platform, the timing of Ramadan, and minor changes [3]. - Following this announcement, Snap's share price dropped from $9.39 to $7.78 on August 6, 2025, marking a decline of approximately 17.15% in one day [3]. Legal Representation - Kahn Swick & Foti, LLC (KSF), a prominent securities litigation law firm, is representing the investors in this case [4]. - KSF has been recognized among the top 10 firms nationally based on total settlement value and serves a diverse range of clients seeking recoveries for investment losses due to corporate fraud [4].