Join the Class Action Against Snap Inc.: Important Information for Shareholders

Join the Class Action Against Snap Inc.

On October 20, 2025, an important deadline looms for shareholders of Snap Inc. (NYSE: SNAP) as The Gross Law Firm calls for anyone who purchased shares within the specified class period to participate in a class action lawsuit. This action comes in light of misleading statements made by Snap regarding its advertising revenue and business health, leading to significant stock price drops.

Timeline of Events

Class Period

The class action pertains to shares purchased between April 29, 2025, and August 5, 2025. During this time, Snap made several public assertions that suggested the company was performing well, which, according to the complaint, was not the full truth. Despite announcing positive forecasts, Snap allegedly concealed critical information about a significant deceleration in its advertising revenue growth.

Allegations

The legal communication states that Snap portrayed an optimistic view of its advertising revenue, even as it plummeted from 9% growth in Q1 2025 to a mere 1% by April. On August 5, 2025, Snap’s second-quarter financial results were released, revealing the adverse trends and leading to substantial investor losses. Following this announcement, Snap’s stock price shocked investors, collapsing from $9.39 to $7.78 per share on August 6—a drastic decline of approximately 17.15% in just one day.

What Should Shareholders Do?

Shareholders are encouraged to actively participate in this class action, as it may be an opportunity to recover their losses. Those interested should register their details through the provided link. It’s important to note that registering does not require one to seek lead plaintiff status to join the recovery process.

Once registered, participants will receive updates throughout the case lifecycle via a monitoring software provided by The Gross Law Firm. This is done at no cost or obligation to the shareholders. The firm highlights that those who were deceived by Snap's actions deserve the chance to fight back against misleading practices.

Why Choose The Gross Law Firm?

The Gross Law Firm is known for its commitment to protecting shareholder rights. Their mission is to assist investors who have suffered from deceitful business practices, ensuring corporate accountability and adherence to ethical operations. The firm’s focus on shareholder activism and its notable track record makes it a trustworthy ally for those affected by the alleged malpractices of companies like Snap.

Conclusion

As the October 20 deadline approaches, shareholders of Snap have a crucial decision to make. Participating in this action could be a step towards recovering losses incurred due to misleading business practices. For more information or to register, shareholders can visit the link provided by The Gross Law Firm. Acting promptly is essential as any delay may hinder the opportunity to seek relief through this legal framework.

For more detailed inquiries, you may contact:
The Gross Law Firm
15 West 38th Street, 12th floor,
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903

Together, let’s work towards justice for the affected shareholders of Snap Inc.