NEW YORK, Sept. 4, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Snap Inc. (NYSE: SNAP).Shareholders who purchased shares of SNAP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/snap-inc-loss-submission-form-3/?id=165003&from=4CLASS PERIOD: April 29, 2025 to August 5, 2025AL ...

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 can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by October 20, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - 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 was revealed, investors reportedly suffered damages due to the discrepancies between Snap's claims and actual performance [5].

Core Viewpoint - A class action lawsuit has been filed against Snap Inc. for alleged violations of federal securities laws, focusing on misleading statements regarding the company's advertising revenue growth [1][2][3] Class Definition - The lawsuit seeks damages for all individuals and entities that purchased Snap securities between April 29, 2025, and August 5, 2025, inclusive [2] Case Details - The Complaint alleges that Snap's advertising revenue growth declined significantly from 9% in Q1 2025 to just 1% in April 2025 due to execution failures [3] - Defendants are accused of misrepresenting Snap's advertising performance by issuing overly positive statements while concealing negative facts [3] - As a result, statements made by the Defendants regarding Snap's business and prospects were materially false and misleading [3] Next Steps - Interested investors have until October 20, 2025, to request to be appointed as lead plaintiff in the case [4] - A copy of the Complaint can be reviewed on the law firm's website [4] Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5] - Bronstein, Gewirtz & Grossman, LLC has a history of recovering significant amounts for investors in securities fraud cases [6]