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SNAP DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
Globenewswire· 2025-10-09 20:34
Core Points - Rosen Law Firm is reminding purchasers of Snap Inc. securities from April 29, 2025, to August 5, 2025, about the October 20, 2025, lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Snap securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 20, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that Snap's defendants misrepresented the company's advertising revenue and growth potential while downplaying macroeconomic instability [5]. - It is claimed that Snap's optimistic reports did not reflect the reality of its execution errors, leading to investor damages when the truth was revealed [5].
Snap Inc. Deadline: SNAP Investors with Losses in Excess of $100K Have Opportunity to Lead Snap Inc. Securities Fraud Lawsuit
Prnewswire· 2025-10-08 19:03
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, about the October 20, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. 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 [1]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by October 20, 2025 [2]. - The lawsuit alleges that Snap's management misrepresented the company's advertising revenue and growth potential, leading to investor losses when the true situation was revealed [4]. 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 at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [3].
Snap Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights - SNAP
Prnewswire· 2025-09-04 12:45
Core Viewpoint - The Gross Law Firm is notifying shareholders of Snap Inc. regarding a class action lawsuit due to misleading statements about the company's advertising revenue growth, which significantly declined during the reported period [1][2]. Group 1: Allegations and Financial Impact - The class period for the allegations is from April 29, 2025, to August 5, 2025 [2]. - Snap's advertising revenue growth rate reportedly fell from 9% in Q1 to only 1% in April 2025, attributed to execution failures [2]. - Following the announcement of the second quarter financial results on August 5, 2025, Snap's stock price dropped from $9.39 to $7.78 per share, a decline of approximately 17.15% in one day [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by October 20, 2025, to participate in potential recovery [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [4].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
GlobeNewswire News Room· 2025-09-01 21:32
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].
SNAP INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Snap Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-08-22 20:00
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]