Lawsuit Filed Against Snap Inc. for Alleged Securities Law Infractions - Consult with Levi & Korsinsky Prior to October 20, 2025 Concerning Your Potential Claims - SNAP
Breaking News: Classroom Action Securities Lawsuit Filed Against Snap Inc. Levi & Korsinsky, LLP has announced that it is filing a class action securities lawsuit against Snap Inc. The lawsuit alleges securities fraud due to misleading statements about Snap's advertising revenue growth rate. Investors who suffered a loss in Snap between April 29, 2025 and October 20, 2025 have until October 20, 2025 to request appointment as lead plaintiff. Participation in the recovery doesn't require serving as a lead plaintiff. On August 5, 2025, Snap announced a deceleration in advertising revenue growth for the second quarter of fiscal 2025. Following this news, Snap's stock price declined dramatically from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, a decline of about 17.15% in a single day. Snap attributed the slowdown in advertising revenue growth to an issue with its ad platform, the timing of Ramadan, and de minimis changes. However, the lawsuit alleges that these explanations were insufficient and that Snap had failed to disclose material information about the true state of its advertising business. Levi & Korsinsky, LLP has a track record of winning high-stakes cases and has extensive expertise in complex securities litigation. For seven years in a row, the firm has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. The firm has a team of over 70 employees to serve its clients. Investors can contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. Investors can get more information and be contacted by a member of the team through this link: https://zlk.com/pslra-1/snap-inc-lawsuit-submission-form-2?prid=168150&wire=3 It's important to note that there are no search results indicating that any institution has filed charges against Snap Inc. on September 19, 2025, for suspected stock manipulation against investors. If you are a class member, you may be entitled to compensation without any out-of-pocket costs or fees. Levi & Korsinsky, LLP has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years. The lawsuit is on behalf of Snap investors who were adversely affected between April 29, 2025 and August 5, 2025. Stay tuned for more updates on this developing story.
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