Snap, Inc. (NYSE: SNAP)

This lawsuit is for anyone who acquired securities in Snap, Inc. (NYSE: SNAP) from April 29, 2025 through August 5, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the Company’s ability to grow advertising revenue.

On August 5, 2025, Snap released its second quarter fiscal 2025 financial results, disclosing a deceleration in advertising revenue growth due to “an issue related to [its] ad platform, the timing of Ramadan and the effects of the de minimis changes.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Snap, Inc. (NYSE: SNAP) from April 29, 2025 through August 5, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.