SUEWALLST: SNOW DISCLOSURE TIMELINE REVEALS PATTERN OF ALLEGED INVESTOR HARM Accessibility StatementSkip NavigationKey Dates and Disclosure Events Shareholders Need to KnowNEW YORK, March 19, 2026 /PRNewswire/ -- SueWallSt encourages investors who suffered losses in Snowflake Inc. (NYSE: SNOW) to contact the firm. WHO IS AFFECTED: Those who purchased SNOW securities between June 27, 2023 and February 28, 2024 may be entitled to recover damages. Find out if you are eligible to recover losses. You may also co ...

Core Viewpoint - The article discusses a potential class action lawsuit against Snowflake Inc. due to alleged misrepresentations regarding its revenue growth and consumption model, which led to significant stock price declines after corrective disclosures were made [1]. Group 1: Timeline of Events - June 27, 2023: Snowflake hosted an Investor Day, expressing confidence in reaching a $10 billion product revenue target by 2029, while downplaying risks related to efficiency gains and new product formats [1]. - August 23, 2023: During the Q2 Fiscal 2024 Earnings Call, management described consumption as "good" and mentioned upcoming product launches without disclosing existing headwinds affecting the consumption model [1]. - November 29, 2023: In the Q3 Fiscal 2024 Earnings Call, management reported strong consumption but failed to disclose the impact of tiered storage pricing and customer plans regarding Iceberg Tables [1]. - February 28, 2024: Snowflake disclosed disappointing Q4 and full fiscal year 2024 results, including the withdrawal of the $10 billion revenue target and a lowered FY 2025 growth forecast to 22% from the expected 30% [1]. Group 2: Financial Impact - Following the corrective disclosure, Snowflake's shares fell by $41.72, representing an 18.14% decline [1]. - The company acknowledged a revenue impact of 6.2% to 6.3% from efficiency gains alone and increased revenue headwinds from tiered storage pricing and Iceberg Table adoption [1].