### Investors Advised to Take Action in Snap Inc. Class Action Lawsuit
The legal firm Kahn Swick & Foti, LLC (KSF), alongside its managing partner, former Louisiana Attorney General Charles C. Foti, Jr., is reaching out to investors who have incurred losses exceeding $100,000 in Snap Inc. (NYSE: SNAP). They are urging these individuals to submit their applications to serve as lead plaintiffs in a significant class action lawsuit before the impending deadline of October 20, 2025. This lawsuit is currently being processed in the United States District Court for the Central District of California and pertains to allegations surrounding the company’s failure to disclose crucial information during the specified class period from April 29, 2025, through August 5, 2025.
### Overview of the Allegations Against Snap
The lawsuit claims that Snap Inc. and certain executives neglected to reveal material facts that could have affected investors’ decisions, thus violating federal securities laws. The situation escalated when the company reported its financial performance for the second quarter of fiscal 2025. The announcement, made on August 5, 2025, indicated a troubling slowdown in advertising revenue growth, attributed to issues affecting their advertising platform, the timing of Ramadan, and minor operational changes. Following this disclosure, Snap’s stock price plummeted sharply, dropping from $9.39 per share on August 5 to $7.78 on August 6, representing a decline of approximately 17.15% within just 24 hours.
### How to Participate in the Lawsuit
Investors who acquired Snap securities during the stated period and wish to discuss their legal rights or learn how this case might impact their potential recovery can contact Lewis Kahn, managing partner at KSF, either by phone at 1-877-515-1850 or via email at lewis.kahn@ksfcounsel.com. Additional information can also be found on their website at https://www.ksfcounsel.com/cases/nyse-snap/. Those interested in taking on the role of lead plaintiff should formally apply to the Court by the approaching deadline.
### About Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC is recognized as one of the leading boutique firms specializing in securities litigation within the United States. Over the past year, the firm has gained notable rankings, particularly by SCAS, for its substantial settlement values, serving a diverse clientele that includes both institutional and retail investors. With offices located in major cities including New York, California, and Louisiana, KSF continues to advocate for those affected by corporate misconduct. Investors are encouraged to act swiftly to secure their positions as the deadline approaches.
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