Join the Class Action Against Snap Inc. Before It’s Too Late
Class Action Notice for Snap Inc. Shareholders
The Gross Law Firm is reaching out to all shareholders of Snap Inc. (NYSE: SNAP) to inform them about a class action lawsuit that could affect their investments. If you purchased shares during the period outlined in this notice, it's vital to consider your options moving forward.
Important Details for Investors
If you are a shareholder of Snap Inc. who acquired stocks between specific dates, you may qualify to take part in this class action. Being designated as a lead plaintiff isn’t a requirement to receive benefits from a legal recovery. Thus, it’s crucial to express your interest in joining this case.
Understanding the Allegations
The lawsuit centers on claims that Snap Inc. misled investors by presenting overly optimistic statements regarding their advertising revenue growth. It has been reported that the company’s advertising growth deteriorated sharply from 9% in early 2025 to only 1% by April of the same year. This drop became clear when Snap announced their financial results for the second quarter, leading to a significant plunge in stock value.
Following the release of their Q2 financial results on August 5, 2025, Snap acknowledged a slowdown in revenue and attributes the decline to issues within their advertising platform, coupled with timing conflicts and other minor operational disruptions. Consequently, on August 6, 2025, Snap's share price saw a severe drop, reducing from $9.39 to $7.78, a staggering 17.15% decrease in just one day.
Deadline Looming for Participation
The cut-off date for registering as part of this class action is set for October 20, 2025. It is critical that shareholders act promptly to ensure their voice is heard. By confirming your shareholder status now, you will gain access to updates and information pertinent to the case without any associated costs.
Why Choose the Gross Law Firm?
The Gross Law Firm stands as a dedicated advocate for investors’ rights, particularly those affected by deceptive and fraudulent corporate actions. With a strong commitment to ensuring that companies operate with integrity, the firm aims to hold Snap accountable for any misleading information disseminated to investors.
Contact Information
If you're interested in learning more about your rights as a shareholder, please reach out to The Gross Law Firm:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
Frequently Asked Questions
What is the class action lawsuit against Snap Inc. about?
The lawsuit addresses allegations that Snap Inc. misrepresented its advertising revenue growth to investors.
Who can join the class action?
Shareholders who purchased Snap Inc. shares during the specified period are eligible to join the lawsuit.
What is the deadline to register for the class action?
The deadline to register for participation in the class action is October 20, 2025.
Are there any costs involved in joining?
No, there is no cost or obligation for shareholders to participate in this class action.
How does the Gross Law Firm assist shareholders?
The Gross Law Firm provides updates and monitors the case's progress for enrolled shareholders, ensuring they remain informed throughout the process.
About The Author
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