SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Snap Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 10, 2022

New York, New York – (Newsfile Corp. – November 22, 2021) – The following statement is issued by Levi & Korsinsky, LLP:

To: Any person or entity who purchased or otherwise acquired Snap Inc. (“Snap”) (NYSE: SNAP) securities between July 22, 2020 and October 21, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. For more information go to:

Snap Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at jlevi@levikorsinsky.com or by phone at (212) 363-7500. There are no costs or obligations for you.

Snap Inc. NEWS – SNAP NEWS

CASE DETAILS: According to the complaint filed: (1) Apple’s privacy changes would have a material impact on the company’s advertising business; (2) Snap has overrated its ability to adapt its advertising with Apple’s privacy changes; (3) Snap knew about the risks of the impact of Apple’s privacy changes on the company’s advertising business, but downplayed it; (4) Snap has overrated its commitment to privacy; and (5) as a result of the foregoing, Defendants’ public statements and statements to journalists at all relevant times were materially false and / or misleading.

WHAT THIS MEANS TO SHAREHOLDERS: If you have suffered a loss at Snap, you can apply until January 10, 2022 for the court to appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

NO CHARGE TO YOU: If you purchased Snap securities between July 22, 2020 and October 21, 2021, you may be entitled to compensation with no out-of-pocket expenses or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this short submission form https://www.zlk.com/pslra-1/snap-inc-loss-submission-form?prid=21442&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.

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WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been disadvantaged by companies.

Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut and Washington, DC. The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have had remarkable results for clients in the US and internationally. The company, with more than 80 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the United States in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 consecutive years. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year on year ISS has recognized Levi & Korsinsky as the leading law firm in securities class action.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104596

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