Important Update for Snap Shareholders: Deadline for Class Action Claims Approaches
In a significant notice to investors, ClaimsFiler, a free service dedicated to providing essential information for shareholders, has issued a reminder to Snap Inc. shareholders about an impending deadline in a class action lawsuit. Those who have incurred losses exceeding $100,000 and are interested in leading the charge as plaintiffs have until October 20, 2025, to submit their applications.
This class action pertains to allegations against Snap, a company traded on the New York Stock Exchange under the ticker symbol SNAP, which asserts that the firm and several of its executives failed to disclose critical information during the specified time frame, specifically from April 29, 2025, to August 5, 2025.
The legal action is currently situated in the United States District Court for the Central District of California, in a case formally titled Abdul-Hameed v. Snap, Inc., et al., under the case number 25-cv-07844.
Investors should be particularly alert following the company's most recent quarterly performance review. On August 5, 2025, Snap revealed its second-quarter financial results, which highlighted a notable slowdown in advertising revenue growth. The company attributed this deceleration to an internal issue related to their advertisement platform, compounded by the timing of Ramadan and minimal changes within its operations. Following this announcement, Snap's stock price experienced a sharp decline, plummeting approximately 17.15% within a single day—from $9.39 per share to $7.78.
In light of these developments, stakeholders who purchased shares during the class period are encouraged to seek assistance through ClaimsFiler, where they can access more information about their rights and the ongoing legal proceedings. Snap investors can visit the dedicated page at https://claimsfiler.com/cases/nyse-snap-2/ or call ClaimsFiler’s toll-free number at 844-367-9658, where attorneys from Kahn Swick & Foti, LLC are available to provide insight into potential legal options.
ClaimsFiler aims to empower retail investors by equipping them with essential information to reclaim a portion of the billions of dollars available in settlements related to securities class actions. This service allows users to register for free, gaining access to pertinent case information and settlement details, upload transaction data for relevant case notifications, and consult with legal professionals for free evaluations of their situations.
For more information about this service and the ongoing efforts to assist shareholders in claiming their rightful financial recovery, interested parties can visit www.claimsfiler.com.
This class action pertains to allegations against Snap, a company traded on the New York Stock Exchange under the ticker symbol SNAP, which asserts that the firm and several of its executives failed to disclose critical information during the specified time frame, specifically from April 29, 2025, to August 5, 2025.
The legal action is currently situated in the United States District Court for the Central District of California, in a case formally titled Abdul-Hameed v. Snap, Inc., et al., under the case number 25-cv-07844.
Investors should be particularly alert following the company's most recent quarterly performance review. On August 5, 2025, Snap revealed its second-quarter financial results, which highlighted a notable slowdown in advertising revenue growth. The company attributed this deceleration to an internal issue related to their advertisement platform, compounded by the timing of Ramadan and minimal changes within its operations. Following this announcement, Snap's stock price experienced a sharp decline, plummeting approximately 17.15% within a single day—from $9.39 per share to $7.78.
In light of these developments, stakeholders who purchased shares during the class period are encouraged to seek assistance through ClaimsFiler, where they can access more information about their rights and the ongoing legal proceedings. Snap investors can visit the dedicated page at https://claimsfiler.com/cases/nyse-snap-2/ or call ClaimsFiler’s toll-free number at 844-367-9658, where attorneys from Kahn Swick & Foti, LLC are available to provide insight into potential legal options.
ClaimsFiler aims to empower retail investors by equipping them with essential information to reclaim a portion of the billions of dollars available in settlements related to securities class actions. This service allows users to register for free, gaining access to pertinent case information and settlement details, upload transaction data for relevant case notifications, and consult with legal professionals for free evaluations of their situations.
For more information about this service and the ongoing efforts to assist shareholders in claiming their rightful financial recovery, interested parties can visit www.claimsfiler.com.
Topics Financial Services & Investing）
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