Lawsuit filed for Investors who lost money with shares of Snap Inc. (NYSE: SNAP)

An investor, who purchased shares of Snap Inc. (NYSE: SNAP), filed a lawsuit over alleged violations of Federal Securities Laws by Snap Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Snap Inc. (NYSE: SNAP) have certain options and for certain investors are short and strict deadlines running. Deadline: October 20, 2025. NYSE: SNAP investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Snap Inc. (NYSE: SNAP) reported that its annual Total Revenue rose from over $4.6 billion in 2023 to over $5.36 billion in 2024, and that its Net Loss declined from over $1.32 billion in 2023 to $697.85 million in 2024.

On August 5, 2025, Snap Inc. announced its financial results for the second quarter of fiscal 2025, disclosing a deceleration in advertising revenue growth. The Company attributed the slowdown to "an issue related to our ad platform, the timing of Ramadan and the effects of the de minimis changes."

Shares of Snap Inc. (NYSE: SNAP) declined from $10.41 per share on July 22, 2025 to as low as $6.99 per share on August 20, 2025.

According to the complaint the plaintiff alleges on behalf of purchasers of Snap Inc. (NYSE: SNAP) common shares between April 29, 2025, to August 5, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 29, 2025, to August 5, 2025, the defendants created the false impression that they possessed reliable information pertaining to Snap's expected advertising revenue and anticipated growth while emphasizing potential macroeconomic instability, that in truth Snap's optimistic reports of advertising growth and earnings potential fell short of reality as they relied far too heavily on Snap's ability to execute on its potential and Snap was already experiencing the ramifications of a significant execution error when defendants claimed a lack of visibility due to macroeconomic conditions, and that on August 5, 2025, defendants released disappointing second quarter fiscal year 2025 results, disclosing that advertising revenue decelerated significantly in the quarter, in part, due to Snap having "shipped a change that caused some campaigns to clear the auction at substantially reduced prices."

Those who purchased shares of Snap Inc. (NYSE: SNAP) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.