Securities Litigation Continues Against Snap Over Statements About the Impact of Apple Privacy Features
This suit was surfaced by Law.com Radar. Read the complaint here.
January 10, 2022 at 02:40 PM
1 minute read
Snap Inc., the creator of messaging app Snapchat, and four senior executives were hit with a securities class action Friday in California Central District Court. The lawsuit, brought by Glancy Prongay & Murray and the Law Offices of Frank R. Cruz, accuses the defendants of misleading investors regarding the impact of privacy features introduced by Apple in 2021. Counsel have not yet appeared for the defendants. The case is 2:22-cv-00175, Buscaglia et al v. Snap Inc. et al.
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