NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Snap, Inc. (NYSE: SNAP), Novavax, Inc. (NASDAQ: NVAX), Zillow Group, Inc. (NASDAQ: ZG), and Ginkgo Bioworks Holdings, Inc. (NYSE: DNA). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Snap, Inc. (NYSE: SNAP)
Class Period: July 22, 2020 – October 21, 2021
Lead Plaintiff Deadline: January 10, 2022
The complaint alleges that throughout the Class Period, : (1) Apple’s privacy changes would have, and were having, a material impact on the Company’s advertising business; (2) Snap overstated its ability to transition its advertising with Apple’s privacy changes; (3) Snap knew of, but downplayed, the risks of the impact…