Investigation announced for Long-Term Investors in shares of Snap Inc. (NYSE: SNAP)

An investigation was announced for current long-term investors in shares of Snap Inc. (NYSE: SNAP) concerning potential breaches of fiduciary duties by certain directors of Snap Inc.

Investors who are current long term investors in Snap Inc. (NYSE: SNAP) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in Snap Inc. (NYSE: SNAP stocks follows a lawsuit filed against Snap Inc. (NYSE: SNAP over alleged securities laws violations. The investigation on behalf of current long term investors in Snap Inc. (NYSE: SNAP stocks, concerns whether certain Snap Inc. (NYSE: SNAP officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that 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.