INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Snap, Inc. of Class Action Lawsuit and Upcoming Deadlines - SNAP
Group 1 - A class action lawsuit has been filed against Snap, Inc. concerning allegations of securities fraud and unlawful business practices by the company and its officers [2][4] - Investors who purchased Snap securities during the Class Period have until October 20, 2025, to request appointment as Lead Plaintiff [2] - Snap reported a deceleration in advertising revenue growth in its Q2 2025 financial results, attributing the slowdown to issues with its ad platform, the timing of Ramadan, and minor changes [4] Group 2 - Following the announcement of the financial results, Snap's stock price fell by $1.61 per share, or 17.15%, closing at $7.78 per share on August 6, 2025 [4]