Snap(US:SNAP) Globenewswire·2025-10-12 21:04Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, of the upcoming lead plaintiff deadline on October 20, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Snap securities during the specified Class Period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 20, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that Snap's management misled investors by presenting an overly optimistic view of the company's advertising revenue and growth potential while downplaying significant execution errors and macroeconomic challenges [5]. - When the true state of Snap's performance became known, investors reportedly suffered damages due to the misleading information provided during the Class Period [5].