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Snap Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights - SNAP

1. Levi & Korsinsky announces a class action lawsuit against Snap Inc. 2. Lawsuit claims securities fraud impacted Snap's investors between April and August 2025. 3. Snap's advertising revenue declined dramatically from 9% to 1% during this period. 4. Stock fell 17.15% on August 6, after revealing slower revenue growth. 5. Investors have until October 20, 2025, to join the lawsuit.

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FAQ

Why Very Bearish?

The announcement of a lawsuit following significant revenue decline could further decrease investor confidence. Historically, lawsuits and disclosure of fraud often lead to sharp declines in stock prices.

How important is it?

The class action lawsuit and rapid revenue decline significantly raise the legal and financial risk profile for Snap, impacting its stock markedly.

Why Short Term?

The immediate concern from the lawsuit and revenue decline may cause a swift market reaction, seen in similar circumstances previously.

Related Companies

NEW YORK, Sept. 5, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Snap Inc. ("Snap" or the "Company") (NYSE:SNAP) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Snap investors who were adversely affected by alleged securities fraud between April 29, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/snap-inc-lawsuit-submission-form-2?prid=165268&wire=4 

SNAP investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Snap's advertising revenue growth rate; notably, that, due to Snap's own execution failure, it had significantly declined from 9% in the first quarter to only 1% in April.   On August 5, 2025, Snap 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."   Following this news, the price of Snap's common stock declined dramatically. From a closing market price of $9.39 per share on August 5, 2025, Snap's stock price fell to $7.78 per share on August 6, 2025, a decline of about 17.15% in the span of just a single day.

WHAT'S NEXT? If you suffered a loss in Snap during the relevant time frame, you have until October 20, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

jlevi@levikorsinsky.com 

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/snap-inc-securities-fraud-class-action-lawsuit-pending-contact-levi--korsinsky-before-october-20-2025-to-discuss-your-rights--snap-302547168.html

SOURCE Levi & Korsinsky, LLP

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