Snowflake(US:SNOW) Globenewswire·2026-02-26 13:34Core Viewpoint - A securities fraud class action lawsuit has been initiated against Snowflake Inc., with a deadline for potential lead plaintiffs set for April 27, 2026 [1][3][4]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of California on behalf of investors who purchased or acquired Snowflake Class A common stock between June 27, 2023, and February 28, 2024, alleging violations of the Securities Exchange Act of 1934 [4]. - The allegations include misrepresentations made by the defendants regarding customer usage and new developments related to Snowflake's products [5]. Group 2: Participation Information - Investors who wish to join the class action or discuss their legal rights can contact the Investor Relations Manager, Peter Allocco, or visit the designated website [2][8]. - All representation in the lawsuit is on a contingency fee basis, meaning shareholders will not incur any fees or expenses unless there is a recovery [3].