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SNAP DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Snap Inc. Investors to Secure Counsel Before Important October 20 Deadline in Securities Class Action – SNAP
SnapSnap(US:SNAP) Globenewswire·2025-10-16 03:04

Core 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 any 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]. - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. Group 2: Case Background - The lawsuit alleges that Snap's management misled investors by presenting overly optimistic expectations regarding advertising revenue and growth, while downplaying significant execution errors and macroeconomic challenges [5]. - When the true situation regarding Snap's performance became known, investors reportedly suffered damages due to the misleading information provided during the Class Period [5].