Snap Inc.

NEW YORK, April 29, 2026 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Snap, Inc. (NYSE: SNAP) breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Insiders at Snap caused the company to misrepresent or fail to disclose 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.

If you currently own SNAP and purchased prior to April 29, 2025 please contact Justin Kuehn, Esq. by email at justin@kuehn.law or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights. 

Why Your Participation Matters:

As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™ 

For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.

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Contacts:

Kuehn Law, PLLC

Justin Kuehn, Esq.

53 Hill Street, Suite 605

Southampton, NY 11968

justin@kuehn.law

(833) 672-0814

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SOURCE Kuehn Law, PLLC

NEW YORK, March 12, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Snap, Inc. ("Snap" or the "Company") (NYSE: SNAP).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether Snap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On August 1, 2024, Snap announced its financial results for the second quarter of 2024, which included revenue of $1.237 billion, and provided third quarter guidance in the range of $1.335 billion to $1.375 billion, implying year-over-year revenue growth of 12% to 16%. 

As the market reacted to the Company's lower-than-expected financial results and revenue guidance, Snap's stock price fell $3.45 per share, or 26.9%, to close at $9.36 per share on August 2, 2024. 

Then, on September 5, 2024, the New Mexico Attorney General announced that the state's Department of Justice had filed a lawsuit against Snap, alleging that its recommendation algorithm, ephemeral content, and general policies facilitate child sexual exploitation and abuse material, while further claiming that Snap and its leadership misled the public regarding platform safety. 

On this news, Snap's stock price fell $0.25 per share, or 2.82%, to close at $8.62 per share on September 6, 2024.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:

Danielle Peyton

Pomerantz LLP

dpeyton@pomlaw.com

646-581-9980 ext. 7980

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SOURCE Pomerantz LLP