Archived Investigations

Snap Inc. (NYSE: SNAP)

Company Name:Snap Inc.

Stock Symbol:NYSE: SNAP

Court:Central District of California

Class Period Start:04/29/2025

Class Period End (inclusive):08/05/2025

Filing Deadline:The deadline has passed.

August 22, 2025

Snap and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On August 5, 2025, the Company announced its financial results for the second quarter of fiscal 2025, disclosing a deceleration in advertising revenue growth due to “an issue related to our ad platform, the timing of Ramadan and the effects of the de minimis changes.”

On this news, the price of Snap’s shares fell from a closing price of $9.39 per share on August 5, 2025 to $7.78 per share on August 6, 2025, a decline of about 17.15% in the span of just a single day.

The case is Abdul-Hameed v. Snap, Inc., et al., No. 25-cv-07844.

Click here to read the first filed complaint.

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On October 22, 2025, the Hon. Jesus G. Bernal denied CoStar defendant’s motion to dismiss a data privacy class action complaint. The suit alleges that CoStar installed trackers on its websites that collected and shared users’ personal information.

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After more than four years of litigation, the Hon. Maxine Chesney entered a Final Judgment approving a $27.5 million settlement for the Class in a Class action against Aimmune Therapeutics.

Final Approval of $189 Million Settlement Granted in TuSimple Securities Litigation

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On December 18, 2024, a Final Judgment of $189 million settlement of the Class’s claims in Dicker v. TuSimple Holdings, Inc. et al., was approved.

$189M TuSimple Securities Fraud Class Action Preliminarily Approved

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The Hon. Roger T. Benitez preliminarily approved a $189,000,000 class action settlement in the TuSimple securities class action.

Kahn Swick & Foti, LLC Privacy Policy

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Marketing

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the right to rectification;
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rights in relation to automated decision making and profiling.

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Your California Privacy Rights

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Changes to Our Privacy Policy

Kahn Swick & Foti reserves the right to change this policy at any time by posting a new privacy policy at this location.

How to Contact Us

If you have questions concerning this Privacy Notice, wish to obtain additional information, or exercise specific data subject rights pursuant to European law (including the General Data Protection Regulation, and other country-specific data protection laws that may apply), please contact us.

Topics:

What Information Do We Collect About You?
How Do We Collect Information About You?
How Will We Use Information We Collect About You?
Marketing
Access to Your Information and Correction
Your California Privacy Rights
Cookies
Data Retention and Storage
Changes to Our Privacy Policy
How to Contact Us