Energy News / Shareholders Foundation, Inc.

NYSE:SNAP Shareholder Alert: Investigation over Possible Wrongdoing at Snap Inc

Via: ReleaseWire

Updated 11:00 AM CDT, Mon, August 28,2017

An investigation on behalf of current long term investors in Snap Inc (NYSE:SNAP) shares over possible breaches of fiduciary duty.

San Diego, CA -- (SBWIRE) -- 08/28/2017 -- An investigation was announced for current long-term investors in shares of Snap Inc (NYSE:SNAP) concerning potential breaches of fiduciary duties by certain directors of Snap Inc was announced.

Investors who are current long term investors in Snap Inc (NYSE:SNAP) shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for investors in NYSE:SNAP stocks follows a lawsuit filed recently against Snap over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:SNAP stocks, concerns whether certain Snap directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that Snap's reported user growth was materially false and misleading, and that as a result, Snap's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Snap Inc (NYSE:SNAP) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysesnap-shareholder-alert-investigation-over-possible-wrongdoing-at-snap-inc-854208.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com