Workflow
Snap securities
icon
Search documents
ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Snap Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SNAP
Globenewswire· 2025-09-28 15:41
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 the law firm or visiting their website [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 their own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including a record settlement against a Chinese company and being ranked No. 1 for settlements in 2017 [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 Investors Have Opportunity to Lead Snap Inc. Securities Fraud Lawsuit
Prnewswire· 2025-09-03 17:36
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, about the upcoming lead plaintiff deadline of October 20, 2025, for 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 those wishing to serve as lead plaintiff must act by the October 20, 2025 deadline [2]. - The lawsuit alleges that Snap's management misled investors regarding the company's advertising revenue and growth potential, which ultimately led to investor losses when the truth 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 settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [3].
SNAP INC. (NYSE: SNAP) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Snap Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-09-02 13:51
Core Viewpoint - A securities fraud class action lawsuit has been initiated against Snap Inc. for alleged misrepresentations regarding its advertising revenue growth rate, affecting investors who purchased shares between April 29, 2025, and August 5, 2025 [3]. Group 1 - The lawsuit was filed in the United States District Court for the Central District of California on behalf of investors who acquired Snap securities during the specified period [3]. - The allegations include violations of the Securities Exchange Act of 1934 against Snap and certain senior officers [3]. - Investors are reminded of the upcoming deadline to file as lead plaintiff by October 20, 2025, with no fees or expenses required from shareholders [4]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has represented large public and private pension funds [5]. - The firm has been recognized multiple times in The National Law Journal's "Plaintiffs' Hot List" and has been listed in The Legal 500 for sixteen consecutive years [5].