Shareholders that lost money on Snap Inc.(SNAP) should contact The Gross Law Firm about pending Class Action - SNAP

Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a class action lawsuit due to allegations of misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Group 1: Allegations and Financial Impact - The complaint alleges that Snap's management provided overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate [1]. - Snap's advertising revenue growth rate reportedly dropped from 9% in Q1 to only 1% in April 2025, attributed to execution failures and issues with their ad platform [1]. - Following the announcement of the second quarter financial results on August 5, 2025, Snap's stock price fell from $9.39 to $7.78 per share, marking a decline of approximately 17.15% in one day [1]. Group 2: Class Action Details - Shareholders who purchased Snap shares during the class period from April 29, 2025, to August 5, 2025, are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for October 20, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].