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Snap Inc. sued for allegedly hiding a sharp drop in ad revenue growth from investors between April and August 2025.
Snap Inc. is facing a securities class action lawsuit over allegations that it misled investors from April 29 to August 5, 2025, by failing to disclose a sharp slowdown in advertising revenue growth, which dropped from 9% to 1% due to internal issues.
On August 5, the company revealed the decline, citing ad platform problems, Ramadan timing, and minor regulatory changes, causing its stock to fall nearly 17% the next day.
Investors who bought Snap shares during that period may be eligible to join the lawsuit seeking recovery under federal securities laws.
The case is being handled by multiple law firms, including Levi & Korsinsky LLP and Rosen Law Firm, with a deadline to file as lead plaintiffs set for October 20, 2025.
There is no cost to participate.
Snap Inc. demandó por presuntamente ocultar a los inversionistas una fuerte caída en el crecimiento de los ingresos por publicidad entre abril y agosto de 2025.