#United States #New York #Class Action #Gross Law Firm #Snap Inc.

Important Notice for Snap Inc. Shareholders

The Gross Law Firm has issued a significant notification for shareholders of Snap Inc. (NYSE: SNAP), particularly those who acquired shares between April 29, 2025, and August 5, 2025. This notice is crucial, given the unveiling of allegations that may impact the status and value of your investment.

Allegations Against Snap Inc.

The lawsuit highlights claims that executives of Snap Inc. delivered misleadingly optimistic projections regarding the company's advertising revenue growth while downplaying serious issues. Specifically, there is a stark contrast in the growth rate of advertising revenue, which fell dramatically from 9% in the first quarter to 1% in April, primarily due to internal execution failures.

On August 5, 2025, the company released its second-quarter financial results, revealing a slowdown in advertising revenue growth. Snap attributed this decline to complications stemming from their ad platform, the timing of Ramadan, and minimal changes in their approach. Following this announcement, Snap's stock took a significant hit, plummeting from a closing price of $9.39 on August 5 to $7.78 just a day later, marking a staggering 17.15% drop in value.

Why You Should Act Now

Shareholders are encouraged to register for the class action lawsuit actively, especially since the deadline for doing so is set for October 20, 2025. It is essential to act promptly, as registration is not only your legal right but also a potential pathway to recovery for any losses incurred during the class period mentioned above.

Once registered, you will benefit from portfolio monitoring software that provides updates throughout the legal process, keeping you informed of any developments regarding the case.

Next Steps for Shareholders

To participate in this class action lawsuit and potentially be appointed as a lead plaintiff, you must register your information via the following link: Register Here. It’s important to note that becoming a lead plaintiff is not a prerequisite for recovering losses from this suit.

The Gross Law Firm is recognized nationally for its commitment to protecting the interests of investors who have faced losses due to fraudulent actions by a company or its management. Their mission aligns with defending responsible business practices and ensuring corporate accountability. By engaging in this lawsuit, you are taking actionable steps to hold Snap Inc. accountable for its alleged transgressions.

Contact Information

For any inquiries or additional information, you can reach out to the Gross Law Firm at their New York headquarters:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

In conclusion, if you are a shareholder in Snap Inc. and purchased shares during the specified class period, this is a critical moment for you to take action. Ensure you do not miss the deadline to protect your investment and possibly seek recovery for the losses you have encountered due to Snap Inc.'s alleged misleading practices.