Security Investigation
Snap Inc. (NYSE: SNAP)
58 Days left to seek lead plaintiff status.
Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 20, 2025 to file lead plaintiff applications in a securities class action lawsuit against Snap Inc. (NYSE: SNAP).
Snap and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 5, 2025, the Company announced its financial results for the second quarter of fiscal 2025, disclosing a deceleration in advertising revenue growth due to “an issue related to our ad platform, the timing of Ramadan and the effects of the de minimis changes.”
On this news, the price of Snap’s shares fell from a closing price of $9.39 per share on August 5, 2025 to $7.78 per share on August 6, 2025, a decline of about 17.15% in the span of just a single day.
If you purchased securities of Snap and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Abdul-Hameed v. Snap, Inc., et al., No. 25-cv-07844.