TMX Newsfile·2026-03-15 14:15Core Viewpoint - Rosen Law Firm is reminding investors who purchased Class A common stock of Snowflake Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Snowflake Class A common stock between June 27, 2023, and February 28, 2024, 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 April 27, 2026 [3]. - The lawsuit claims that during the Class Period, Snowflake's management made positive statements about business performance while failing to disclose material negative impacts on consumption and revenues [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [4].