#USA #New York #Class Action #Gross Law Firm #Snap Inc.

Gross Law Firm Alerts Snap Inc. Investors

On October 9, 2025, The Gross Law Firm issued a crucial notice for shareholders of Snap Inc. (NYSE: SNAP), drawing attention to an impending class action lawsuit aimed at addressing potential grievances from investors. With a lead plaintiff registration deadline set for October 20, 2025, shareholders are strongly encouraged to act promptly.

Background of the Class Action

The lawsuit refers to the period between April 29, 2025, and August 5, 2025, during which allegations arose against Snap Inc. relating to the authenticity of its business practices and financial statements. Specifically, the complaint outlines claims that the company misled investors by presenting exaggeratedly positive information about its advertising revenue while concealing negative realities.

In a notable incident on August 5, 2025, Snap disclosed its financial results for the second quarter, revealing a sharp downturn in advertising revenue growth—an alarming drop from 9% in the first quarter to just 1% by April. This drop was linked to an operational issue with their ad platform coinciding with external factors such as the timing of Ramadan, resulting in significant stock depreciation. Following this revelation, Snap’s stock plummeted by approximately 17.15% in just one day, dropping from $9.39 to $7.78.

Importance of Registration

Shareholders who acquired their shares during the specified period should not delay in registering for the class action. The Gross Law Firm emphasizes that investors do not need to be appointed as lead plaintiffs to qualify for any potential recovery associated with the case. Registration is particularly vital since it not only secures a place in the lawsuit but also enrolls participants in a portfolio monitoring software that provides continuous updates throughout the legal proceedings.

Interested shareholders can initiate their registration via the provided link, which directs them to a submission form: Snap Inc. Loss Submission Form.

Next Steps for Investors

As part of the next steps, once registered, shareholders will receive ongoing communications about the status of their claims and movements in the lawsuit. The Gross Law Firm has highlighted that participating comes at no cost or obligation. Their commitment to defending the rights of investors, particularly in instances involving corporate deceit, is at the forefront of their efforts.

Why Choose The Gross Law Firm?

The Gross Law Firm has established itself as a respected entity in the legal arena, specialized in class action lawsuits. Their goal is to protect investors from unjust practices operating under a veil of corporate misrepresentation. The firm operates under strong ethical standards and a mission centered around securing rightful compensation for investors impacted by misleading corporate conduct. Their experienced legal team is focused on holding corporations accountable for their actions and ensuring that investors regain any losses incurred due to such discrepancies.

In conclusion, Snap Inc.'s investors should remain vigilant and take immediate action to register for the class action lawsuit, ensuring they are aligned with the collective fight for accountability and transparency in corporate governance. Don’t miss out on the opportunity to protect your investments. To learn more about the ongoing situation or to seek counsel, interested parties can reach The Gross Law Firm at their New York office.

Contact Information

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

Stay informed and advocate for your rights as a shareholder while ensuring that your voice is heard during this critical period.