SNOW - Kirby McInerney LLP Reminds Snowflake Inc. (SNOW) Investors of Class Action Filing and Encourages Investors to Contact the Firm | Benzinga

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Snowflake Inc. ("Snowflake" or the "Company") (NYSE:SNOW) securities during the period of September 16, 2020 through March 2, 2022, inclusive ("the Class Period"). Investors have until April 29, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

[Click here to learn more about the class action]

On August 24, 2020, Snowflake filed with the SEC a registration statement on Form S-1 for its IPO, which was declared effective on September 15, 2020. Over the next several fiscal quarters, the price of Snowflake shares skyrocketed up to over $400 per share as the Company painted a positive picture of the Company's business and prospects. Snowflake claimed that the Company had experienced triple digit ...

SNOW) Investors of Class Action Filing and Encourages Investors to Contact the Firm>Full story available on Benzinga.com