Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors during the specified class period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April [8]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with their ad platform and other factors [8]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [8].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Summary by Sections Allegations - The complaint alleges that Snap Inc. provided overly positive statements while concealing material adverse facts about its advertising revenue growth rate, which fell sharply due to execution failures [1]. Financial Impact - On August 5, 2025, Snap announced a deceleration in advertising revenue growth, attributing it to issues with its ad platform and other factors. Following this announcement, Snap's stock price dropped from $9.39 to $7.78, a decline of approximately 17.15% in one day [1]. Class Action Details - Shareholders who purchased shares of Snap during the class period from April 29, 2025, to August 5, 2025, are encouraged to register for the class action. The deadline for seeking lead plaintiff status is October 20, 2025 [2].

Core Points - A class action securities lawsuit has been filed against Snap Inc. for alleged securities fraud affecting investors between April 29, 2025, and August 5, 2025 [1][2] - The lawsuit claims that Snap misled investors about its advertising revenue growth, which dropped from 9% in Q1 to only 1% in April 2025 [2] - Following the announcement of disappointing financial results on August 5, 2025, Snap's stock price fell from $9.39 to $7.78, a decline of approximately 17.15% in one day [2] Case Details - The complaint alleges that Snap provided overly positive statements while concealing material adverse facts about its advertising revenue growth [2] - Snap attributed the slowdown in advertising revenue growth to issues with its ad platform, the timing of Ramadan, and minor changes [2] - Investors affected by the decline in stock price have until October 20, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors who purchased shares between April 29, 2025, and August 5, 2025 [7]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements about the company's performance while concealing material adverse facts about its advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April 2025 [7]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with its ad platform and external factors like the timing of Ramadan [7]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in just one day [7].

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap's management made overly positive statements while concealing significant negative information regarding the company's advertising revenue growth, which dropped from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform, the timing of Ramadan, and minor changes [2]. - Following the announcement, Snap's stock price fell from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing substantial settlements for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. for alleged securities fraud, impacting investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap provided misleading positive statements while concealing significant declines in advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform and other factors, leading to a significant stock price drop from $9.39 to $7.78, a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified period have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. for alleged securities fraud, impacting investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap provided misleading positive statements while concealing significant declines in advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform and other factors, leading to a significant stock price drop from $9.39 to $7.78, a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified period have until October 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. for alleged securities fraud, impacting investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap provided misleading positive statements while concealing significant declines in advertising revenue growth, which fell from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform and other factors, leading to a significant stock price drop from $9.39 to $7.78, a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be eligible for compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions for shareholders and being recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Viewpoint - A class action securities lawsuit has been filed against Snap Inc. due to alleged securities fraud that negatively impacted investors between April 29, 2025, and August 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Snap's management provided overly positive statements while concealing material adverse facts about the company's advertising revenue growth rate, which fell from 9% in Q1 to only 1% in April 2025 [2]. - On August 5, 2025, Snap reported a slowdown in advertising revenue growth, attributing it to issues with their ad platform, the timing of Ramadan, and minor changes [2]. - Following the announcement, Snap's stock price dropped from $9.39 per share to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined from 9% to 1% during the specified period [1]. Summary by Sections Allegations - The complaint alleges that Snap Inc. provided overly positive statements to investors while concealing material adverse facts about its advertising revenue growth rate [1]. - The advertising revenue growth rate dropped from 9% in Q1 to only 1% in April 2025, attributed to execution failures by Snap [1]. Financial Impact - On August 5, 2025, Snap announced a deceleration in advertising revenue growth, which led to a dramatic stock price decline from $9.39 per share to $7.78 per share, a decrease of approximately 17.15% in one day [1]. Next Steps for Shareholders - Shareholders who purchased shares of Snap during the class period are encouraged to register for the class action by October 20, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to false or misleading statements [3].