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SNAP.US
id: 1728

Snap ($SNAP) Investor Settlement

Eligible claimants can submit their claims for compensation.
$65,000,000
Cash Settlement
C.D. California
Court
2:21-cv-08892
Case number
02/05/2021
Class period Start
10/21/2021
Class period End
05/06/2026
Claim deadline
Snap has reached a settlement with $SNAP investors to resolve claims that it misled them about how Apple’s privacy changes would impact its business.
Case Type
US Securities Class Action
Case Status
Accepting Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Suspected Party
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.14
Filing date
11/11/2021
Plaintiffs
Kellie Black
Attorneys
The Rosen Law Firm, P.A.
Defendants
Evan Spiegel; Derek Andersen; Jeremi Gorman; Rebecca Morrow
Administrator
A.B. Data Ltd
Court hearing date
04/23/2026
Exclusion deadline
03/26/2026
Objection deadline
03/26/2026
Attorney fee
$18,500,000
Trades matching type
FIFO

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