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

Class Action Lawsuit Filed Against Snap Inc.

On September 22, 2025, The Gross Law Firm announced a class action lawsuit against Snap Inc. (NYSE: SNAP) for shareholders who purchased shares during a specified period. This announcement has sparked significant interest among investors, particularly those affected by the decline in stock value.

Important Dates and Details

• - Class Period: April 29, 2025, to August 5, 2025.
• - Registration Deadline: October 20, 2025.

Shareholders are urged to act promptly in registering for the lawsuit, as the firm emphasizes that doing so is essential to potentially recover any losses incurred during this tumultuous period.

Allegations Against Snap Inc.

The lawsuit centers around allegations that Snap Inc. misled investors by presenting optimistic statements regarding their advertising revenue growth without disclosing significant downturns. According to the complaint, Snap’s advertising growth plummeted from 9% in the first quarter to just 1% in April 2025 due to execution failures on their advertising platform.

On August 5, 2025, Snap disclosed its second-quarter revenue results, revealing a worrying deceleration in advertising revenue growth. The slowdown was attributed to various issues including the effects of Ramadan and a failure in the ad platform’s execution, prompting a sharp decline in stock prices. The stock price dropped from $9.39 per share on August 5 to $7.78 the following day, representing a steep decline of approximately 17.15% in just one day.

Call to Action

Shareholders who believe they have been adversely affected by these developments are encouraged to register and share their investment details for potential participation in the recovery process. Enrolled shareholders will gain access to portfolio monitoring software, which provides regular updates throughout the lifecycle of the case.

Why The Gross Law Firm?

The Gross Law Firm has a solid reputation for standing up for the rights of investors affected by deceptive practices. They are committed to holding corporations accountable for unethical behavior and helping clients recover losses stemming from misleading claims or omissions of crucial information that inflated stock prices artificially. Their mission is to uphold responsible business conduct and advocate for investors’ rights, especially in cases involving significant financial loss due to corporate misrepresentation.

Next Steps

If you purchased shares of Snap Inc. during the given time frame, it is vital to act quickly to ensure you're included in this class action lawsuit. Registration is free and carries no obligation, ensuring you have the opportunity for potential recovery without upfront costs.
For more information or to register your involvement, reach out through the provided link or contact information.

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

Conclusion

This developing situation serves as a crucial reminder for investors to stay informed about their investments and the companies behind them. Misleading information can greatly impact stock values and investor confidence. As more details unfold, those affected by Snap Inc.'s situation must remain vigilant in seeking recourse through legal channels.