--- title: "Pomerantz LLP Issues Reminder to Investors in Snap, Inc. of Class Action – SNAP" description: "Pomerantz LLP has announced a class action lawsuit against Snap, Inc. regarding potential securities fraud by the company and its officers. Investors who purchased Snap securities during the Class Per" type: "news" locale: "en" url: "https://longbridge.com/en/news/260075503.md" published_at: "2025-10-06T15:52:53.000Z" --- # Pomerantz LLP Issues Reminder to Investors in Snap, Inc. of Class Action – SNAP > Pomerantz LLP has announced a class action lawsuit against Snap, Inc. regarding potential securities fraud by the company and its officers. Investors who purchased Snap securities during the Class Period are encouraged to contact Pomerantz by October 20, 2025, to be considered for Lead Plaintiff. The lawsuit follows Snap's recent financial report indicating a slowdown in advertising revenue, which led to a significant drop in its stock price. Pomerantz LLP is a leading firm in corporate and securities class litigation. NEW YORK, NY, NY / ACCESS Newswire / October 6, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Snap, Inc. ("Snap" or the "Company") . Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Snap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until October 20, 2025 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Snap securities during the Class Period. A copy of the Complaint can be obtained at **www.pomerantzlaw.com****.** \[Click here for information about joining the class action\] On August 5, 2025, Snap announced its financial results for the second quarter of fiscal year 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." On this news, Snap's stock price fell $1.61 per share, or 17.15%, to close at $7.78 per share on August 6, 2025. 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. Attorney advertising. Prior results do not guarantee similar outcomes. **SOURCE:** Pomerantz LLP View the original press release on ACCESS Newswire ### Related Stocks - [SNAP.US - Snap](https://longbridge.com/en/quote/SNAP.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Research Alert: CFRA Maintains Hold Opinion On Shares Of Snap Inc. | CFRA maintains a hold opinion on Snap Inc., reducing its 12-month target price to $7 from $10 due to competitive concern | [Link](https://longbridge.com/en/news/275027341.md) | | Snap stock pops after surprise earnings beat | Snap said it’s making a “strategic pivot toward profitable growth.” | [Link](https://longbridge.com/en/news/274876954.md) | | Snap CFO: Macro environment has thus far remained relatively stable compared to what co saw in Q4 | Snap CFO: Macro environment has thus far remained relatively stable compared to what co saw in Q4 | [Link](https://longbridge.com/en/news/274880454.md) | | M&S is now worth more than Snapchat | M&S has surpassed Snapchat in market value for the first time, with M&S shares rising significantly despite a recent cyb | [Link](https://longbridge.com/en/news/275732883.md) | | Snap earnings are coming after the close. AI, AR, and ads are all in the mix. | Snap needs more users, more ad dollars, and more return on AI spending. | [Link](https://longbridge.com/en/news/274877873.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.