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Kessler Topaz Meltzer & Check, LLP: Investigation on Behalf of Snap Inc. Shareholders

Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of Snap, Inc. (NYSE: SNAP) (“Snap”) securities between July 22, 2021 and October 21, 2021. 

Snap investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.

Snap is an American camera and social media company based in Santa Monica, California, that develops and maintains technological products and services such as “Snapchat” and “Bitmoji.” 

On Thursday, October 21, 2021, upon issuing its third-quarter earnings, Snap stock fell more than 20% when CEO Evan Spiegel reported that Snap’s advertising business had allegedly been affected by recent privacy changes introduced by Apple in its iOS mobile operating system in June and July. Specifically, Spiegel claimed that “the new Apple-provided measurement solution did not scale as we had expected, making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS.”

As a result, in its Q4 guidance, Snap would go on to report an expected revenue decrease to fall in the range of $1.165-$1.205 billion, lower than the consensus estimate of $1.36 billion.     

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  James Maro, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.  

Please complete this form relating to your transactions for Snap, Inc. (NYSE: SNAP) (“Snap”) securities between between July 22, 2021 and October 21, 2021.

You may also contact James Maro, Esq. (484) 270-1453; or toll free at (844) 887-9500; or you may submit your information via email at info@ktmc.com; or you may click here to print a PDF of this form.

SUBMIT YOUR INFORMATION
* Denotes required field
Date
# of Shares
Price per Share
Date
Principal Amount
Amount Paid
Series or CUSIP
Date
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Investigation - Snap Inc. prior to the Class Period?
Are you a current or former employee of Investigation - Snap Inc. ?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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