08/03/2019 15:52:02

Bragar Eagel & Squire, P.C. is Investigating Snap Inc. (SNAP) on Behalf of Stockholders and Encourages SNAP Investors to Contact the Firm

NEW YORK, March 08, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Snap Inc. (NYSE: SNAP). Our investigation concerns whether Snap has violated the federal securities laws and/or engaged in other unlawful business practices.

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On March 6, 2019, The Wall Street Journal reported that in 2018, Snap “paid settlements to at least three female employees who were let go in layoffs that they alleged disproportionately targeted women.” Citing “people familiar with the matter,” the article reported that “[t]he layoffs came months after an engineer at the company raised concerns in an email to colleagues about what she said was a sexist culture.” 

On this news, Snap’s share price fell by more than 2%, closing at $9.87 on March 6, 2019.

If you purchased or otherwise acquired Snap shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Snap please go to https://bespc.com/snap/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com

www.bespc.com

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