Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

Active Cases

0

Pending Settlement

1

Closed

1

Total Settlement

$219.69M

Snap Inc (SNAP) Class Action Lawsuit (November 2021)Pending Settlement

2:21cv8892 • November 11, 2021

Class Period Start

February 5, 2021

Class Period End

January 19, 2022

PSLRA Deadline

January 10, 2022

Case Allegations

10b5

Statutes of Repose

Feb 5, 2024

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

May 6, 2026

Settlement Fund

$65,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired Snap Inc. (“Snap” or the “Company”) publicly traded securities or call options, or sold Snap put options, between February 5, 2021 and October 21, 2021, inclusive.

Claim Administrator

A.B. Data, Ltd.
P.O. Box 173101 Milwaukee, WI 53217
+1 877-777-9249
[email protected]

Hearing Date

April 23, 2026

Opt-out Deadline

March 26, 2026

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Apr 24, 2026

Final Approval of Settlement

Mar 12, 2026

Motion for Final Approval of Settlement

Jan 6, 2026

Proof of Claim Form

Jan 6, 2026

Notice of Pendency

Dec 4, 2025

Preliminary Approval of Settlement

Oct 27, 2025

Motion for Preliminary Approval of Settlement

May 16, 2025

Motion for Class Certification

Dec 20, 2024

Ruling on Appeal - Remanded

Dec 4, 2023

On Appeal

Sep 26, 2023

Motion to Dismiss Granted

Jun 9, 2023

Motion to Dismiss

Apr 21, 2023

Third Amended Complaint

Mar 13, 2023

Motion to Dismiss Granted

Sep 19, 2022

Motion to Dismiss

May 3, 2022

Motion to Dismiss

Mar 18, 2022

First Amended Complaint

Jan 31, 2022

Appointment of Lead Plaintiff

Jan 7, 2022

Additional Complaint

Nov 11, 2021

First Filed Complaint

Snap Inc (SNAP) Class Action Lawsuit (December 1969)Closed

2:17cv3679 • May 16, 2017

Class Period Start

March 2, 2017

Class Period End

August 10, 2017

PSLRA Deadline

January 31, 2019

Case Allegations

10b5

Statutes of Repose

Mar 2, 2020

Country

United States

Court

Federal Court

Docket History

May 3, 2022

Disbursement Approved

Mar 9, 2021

Final Approval of Settlement

Nov 25, 2020

Nov 25, 2020

Proof of Claim Form

Nov 4, 2020

Scheduling Order

Jul 17, 2020

Scheduling Order

Apr 27, 2020

Preliminary Approval of Settlement

Nov 20, 2019

Class Certification Granted

Jun 7, 2019

Motion for Class Certification

May 29, 2019

Second Amended Complaint

Apr 1, 2019

Appointment of Lead Plaintiff

Jan 10, 2019

Class Certification Denied

Aug 30, 2018

Motion for Class Certification

Jun 7, 2018

Motion to Dismiss Denied

Dec 1, 2017

Motion to Dismiss

Dec 1, 2017

Motion to Dismiss

Nov 1, 2017

Sep 18, 2017

Appointment of Lead Plaintiff

May 16, 2017

First Filed Complaint

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