Upcoming Deadline Reminder: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Snap Inc. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm
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LOS ANGELES, CA - (NewMediaWire) - December 31, 2021 -The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Snap Inc. (Snap or the Company) (NYSE: SNAP) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 22, 2020 and October 21, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before January 10, 2022. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website atwww.schallfirm.com, or by email atbrian@schallfirm.com. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Apples device privacy changes were having a material negative impact on Snaps advertising business. The Company had touted its ability to maintain advertising as related to Apples privacy changes. The Company downplayed the risks to its business presented by Apples changes. The Company overstated its commitment to user privacy. Based on these facts, the Companys public statements were false and materially misleading throughout the class period. When the market learned the truth about Snap, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Office: 310-301-3335
Brian Schall, Esq.,
www.schallfirm.com
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