Shareholders Foundation, Inc.

NYSE: SNAP Investor Alert: Investigation over Potential Wrongdoing at Snap Inc.

An investigation on behalf of investors in Snap Inc. (NYSE: SNAP) shares over potential wrongdoing at Snap Inc. was announced and NYSE: SNAP stockholders should contact the Shareholders Foundation.

 

Certain directors of Snap Inc. are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of Snap Inc. (NYSE: SNAP) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Snap Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

On July 25, 2023, Snap Inc. reported its second quarter 2023 financial results. Among other things, Snap Inc. also reported a weaker than expected Q3 forecast.

Shares of Snap Inc. (NYSE: SNAP) declined from $13.89 per share on July 13, 2023, to as low as $9.99 per share on July 26, 2023.

Those who purchased shares of Snap Inc. (NYSE: SNAP) have certain options and should contact the Shareholders Foundation.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com