Snap Inc. (SNAP) Sued: Lawsuit Alleges Ad Platform ‘Execution Error' Concealed From Investors, According to Hagens Berman
SAN FRANCISCO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been initiated against Snap Inc. (NYSE: SNAP) and certain senior executives. The complaint alleges the company presented a misleading picture of its digital advertising platform's performance and future growth prospects to investors. The lawsuit covers investors who purchased shares between April 29, 2025, and August 5, 2025. This legal action follows a steep drop in Snap's stock price after the company released its seco ...