NEW YORK, NY / ACCESSWIRE / October 27, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Snap, Inc. ("Snap" or the "Company") (NYSE:SNAP). Investors who purchased Snap sharesare encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/snap.
The investigation concerns whether Snap and certain of its officers and/or directors have violated federal securities laws and breached fiduciary duties.
On October 21, 2021, Snap announced its third-quarter earnings, and that it missed Wall Street expectations after its advertising business was disrupted by privacy changes Apple introduced earlier this year. Snap CEO Evan Spiegel said iPhone's privacy settings impacted Snap's advertising business more than anticipated. Following this news, Snap stock dropped 22% that same day.
If you are aware of any facts relating to this investigation, or purchased Snap shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/snap. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC