Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Snap Inc    SNAP

SNAP INC (SNAP)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Kaskela Law LLC : Announces Important Deadline in Class Action Lawsuit Against Snap, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – SNAP

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 05:30pm EST

Kaskela Law LLC announces that a class action lawsuit has been filed against Snap, Inc. (“Snap” or the “Company”) (NYSE: SNAP) on behalf of investors who purchased or acquired the Company’s common stock on or between March 2, 2017 and May 15, 2017 (the “Class Period”).

To learn how to participate in this action please visit http://kaskelalaw.com/case/snap-inc/.

Investors who purchased the Company’s common stock during the Class Period and suffered a financial loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740 for additional information about this action and to discuss their legal rights and options.

The class action complaint alleges that Snap and certain other defendants made materially false and misleading statements to investors about the Company’s business, operations, and reported user growth.

On May 10, 2017, Snap issued its first quarterly financial and operational report as a public company, and therein disclosed disappointing user growth at the Company’s Snapchat messaging platform to investors. Following this news, shares of Snap’s common stock fell $4.93 per share, or nearly 21.5% in value, to close on May 11, 2017 at $18.05.

Subsequently, on May 16, 2017, Bloomberg reported that a former Snap employee, Anthony Pompliano, had filed a lawsuit against Snap, “claim[ing] he was fired after three weeks on the job for raising questions about allegedly false growth metrics [and] seeking whistleblower protection against retaliation by [the] company.”

IMPORTANT DEADLINE: Investors who purchased Snap’s common stock during the Class Period may, no later than January 31, 2019, seek to be appointed as a lead plaintiff representative of the class.

Investors who purchased the Company’s common stock during the Class Period and suffered a financial loss in excess of $100,000 are encouraged to contact Kaskela Law LLC to receive additional information about this action and to discuss their legal rights and options. Kaskela Law LLC exclusively represents investors in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SNAP INC
01/21KESSLER TOPAZ MELTZER & CHECK, LLP : Announces Important January 31 Lead Plainti..
BU
01/21SNAP JAN 31 DEADLINE : Rosen Law Firm Encourages Investors with Losses in Excess..
PR
01/18SNAP SHAREHOLDER ALERT BY FORMER LOU : Kahn Swick & Foti, LLC Reminds Investors ..
PR
01/18REPORT : Snap fires 2 execs after alleged sexual misconduct
AQ
01/18SNAP, INC. Goldman Scarlato & Penny Law Firm Announces Lead Plaintiff Deadlin..
PR
01/18UPCOMING INVESTOR DEADLINE : The Schall Law Firm Announces it is Investigating C..
BU
01/16SNAP ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead ..
BU
01/16Goldman Sachs and Bank of America jump while Snap sinks
AQ
01/16INVESTOR ALERT : Kaplan Fox Announces Investigation Of Snap, Inc.
PR
01/16SNAP : Option-trading opportunities on Advanced Micro Devices, Bank of America, ..
PR
More news
Financials ($)
Sales 2018 1 166 M
EBIT 2018 -726 M
Net income 2018 -1 314 M
Finance 2018 1 127 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 5,89x
EV / Sales 2019 4,72x
Capitalization 8 003 M
Chart SNAP INC
Duration : Period :
Snap Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SNAP INC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 37
Average target price 7,71 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Evan Thomas Spiegel Chief Executive Officer & Director
Michael M. Lynton Chairman
Tim Stone Chief Financial Officer
Robert C. Murphy Director & Chief Technology Officer
Steven Michael Horowitz Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
SNAP INC12.16%8 003
ANGI HOMESERVICES INC2.68%8 269
GRUBHUB INC5.42%7 344
MOMO INC (ADR)27.41%6 188
SEA LTD (ADR)11.31%4 221
QUDIAN INC - ADR24.94%1 762