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SNAP Investors Have Opportunity to Lead Snap Inc. Securities Fraud Lawsuit
SnapSnap(US:SNAP) Prnewswireยท2025-09-03 17:36

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, about the upcoming lead plaintiff deadline of October 20, 2025, for a class action lawsuit [1][2]. 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 [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by the October 20, 2025 deadline [2]. - The lawsuit alleges that Snap's management misled investors regarding the company's advertising revenue and growth potential, which ultimately led to investor losses when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [3].