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Lawyers

Rosen Law Firm Announces Class Action Lawsuit Against Snap Inc.

Strategic Insights

— 1 min read

The Rosen Law Firm, a global investor rights law firm, has announced the filing of a class action lawsuit on behalf of purchasers of securities of Snap Inc. (NYSE: SNAP) between April 29, 2025 and August 5, 2025. The lawsuit claims that Snap's optimistic reports of advertising growth and earnings potential fell short of reality, resulting in damages to investors. Those who purchased Snap securities during the Class Period may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

Key Takeaways:

  • The class action lawsuit was filed on behalf of purchasers of Snap Inc. securities between April 29, 2025 and August 5, 2025 (the "Class Period").
  • The lawsuit claims that Snap's defendants created a false impression of the company's expected advertising revenue and anticipated growth.
  • The lawsuit alleges that Snap's optimistic reports fell short of reality, resulting in damages to investors.
  • A class action lawsuit has already been filed, and investors may move the Court to serve as lead plaintiff no later than October 20, 2025.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The Rosen Law Firm represents investors throughout the globe and has achieved significant securities class action settlements, including the largest ever against a Chinese company at the time.
  • The firm has been ranked in the top 4 by ISS Securities Class Action Services for number of securities class action settlements since 2013 and has recovered hundreds of millions of dollars for investors.

Statistics:

  • The Class Period spans from April 29, 2025 to August 5, 2025.
  • The lawsuit claims that Snap's optimistic reports of advertising growth and earnings potential fell short of reality.
  • The Rosen Law Firm has secured over $438 million for investors alone in 2019.
  • The firm has recovered hundreds of millions of dollars for investors since 2013.
  • The firm has been ranked in the top 4 by ISS Securities Class Action Services for number of securities class action settlements since 2013.

Sources:

  • GLOBE NEWSWIRE, NEW YORK, Aug. 23, 2025.
  • Rosen Law Firm, a global investor rights law firm.
  • ISS Securities Class Action Services.

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