Kahn Swick & Foti Highlights Class Action Deadline for Snap Investors

Investors Urged to Respond in Snap's Class Action Lawsuit

Former Louisiana Attorney General Charles C. Foti, Jr. and his firm Kahn Swick & Foti, LLC (KSF) recently issued a critical reminder to investors who have suffered losses exceeding $100,000 from Snap Inc. The firm is leading a class action lawsuit against the popular multimedia messaging application, highlighting a deadline for affected investors to take action.

Background of the Lawsuit

This lawsuit is about Snap Inc. and notable executives who are accused of concealing vital information during a specified Class Period ranging from April 29, 2025, to August 5, 2025. Investors who purchased Snap's securities during this time frame are encouraged to evaluate their legal rights carefully. The lawsuit claims these parties violated federal securities laws by failing to disclose critical information that could have significantly impacted investors' decisions.

Financial Results and Impact

The case comes in light of Snap's financial report announced on August 5, 2025, outlining a troubling slowdown in advertising revenue growth due to issues related to its ad platform. The company cited external factors, such as the timing of Ramadan and minimal regulatory changes, as contributing to the negative trend. The news hit Snap shareholders hard, with the stock price dropping dramatically from $9.39 to $7.78 in just one day—a staggering 17.15% decrease.

Steps for Investors

For those who have been affected by this downturn, KSF is offering assistance. Investors are advised to step forward and consider filing a lead plaintiff application. The deadline for submitting these applications is October 20, 2025. It is important to act swiftly, as the sooner one takes action, the better the chances of having their voice heard in the court proceedings.

Those wishing to learn more about their rights should reach out to KSF Managing Partner Lewis Kahn directly at 1-877-515-1850 or via email at [email protected]. You can also explore more at the firm's dedicated website for the case: https://www.ksfcounsel.com/cases/nyse-snap/

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC stands out as a leading boutique law firm specifically focusing on securities litigation. The firm has earned recognition nationally for its litigation success, notably ranking among the top 10 plaintiff law firms based on settlement values in the past year. With a wide range of clients—including both institutional and retail investors—KSF aims to recover losses related to corporate fraud or misdeeds committed by publicly traded companies.

KSF has offices across the nation in key locations like New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg. For those interested in learning more about the firm and its ongoing efforts, further information can be found at www.ksfcounsel.com.

Final Thoughts

This is a significant moment for Snap investors as they may still have a chance to recover their financial losses through this class action lawsuit. As the October 20 deadline looms, KSF encourages affected investors to evaluate their options thoroughly and to act decisively for their chance to file as lead plaintiffs in this essential case.