Snap Inc. Securities Class Action Lawsuit: Investors Urged to Act by October 20 Deadline

Strategic Insights -

Rosen Law Firm, a global investor rights law firm, reminds purchasers of Snap Inc. securities between April 29 and August 5, 2025, of the October 20 deadline to join the class action lawsuit. The lawsuit claims that Snap's optimistic reports of advertising growth and earnings potential fell short of reality, causing investors to suffer damages. Investors who purchased Snap securities during the specified period may be entitled to compensation without payment of out-of-pocket fees or costs through a contingency fee arrangement.

Key Takeaways:

  • The class action lawsuit has been filed against Snap Inc. for allegedly creating a false impression of reliable information pertaining to its expected advertising revenue and anticipated growth.
  • The lawsuit alleges that Snap's optimistic reports of advertising growth and earnings potential fell short of reality, causing investors to suffer damages.
  • Investors who purchased Snap securities between April 29 and August 5, 2025, may be entitled to compensation without payment of out-of-pocket fees or costs through a contingency fee arrangement.
  • The deadline to join the class action lawsuit is October 20, 2025.
  • Rosen Law Firm has a track record of success in leadership roles in securities class actions and has recovered hundreds of millions of dollars for investors.
  • The firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017 and has been recognized by Law360, Lawdragon, and Super Lawyers.

Statistics:

  • $438 million: The amount secured by Rosen Law Firm for investors in 2019.
  • 2017: The year Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements.
  • 2013-2019: The years Rosen Law Firm was ranked in the top 4 by ISS Securities Class Action Services.
  • multiple millions of dollars: The amount recovered by Rosen Law Firm for investors (no specific amount provided).

Sources:

  • GLOBE NEWSWIRE, "Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Snap Inc."
  • Rosen Law Firm's website, "Snap Secures $438 Million for Investors in 2019"
  • ISS Securities Class Action Services, "2017 Year in Review: Top 10 Settlements"
  • Law360, "Laurence Rosen Named Titan of Plaintiffs' Bar by Law360"