SNOW - Snowflake Class Action Lawsuit News – Seek Counsel Potential to Make Claim Recover Losses Contact Johnson Fistel LLP (SNOW) | Benzinga
SAN DIEGO, March 25, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Snowflake Inc. (NYSE:SNOW). Join the Snowflake class action lawsuit to potentially recover losses. Johnson Fistel LLP, a top law firm, can help you become the lead plaintiff. Stay updated on the lawsuit by checking for the latest news.
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The class action is on behalf of shareholders who purchased or otherwise acquired securities between September 16, 2020 and March 2, 2022. Investors have until April 29, 2024, to move the Court to serve as lead plaintiff in this action.
The Snowflake class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake's products and services; (ii) Snowflake had provided significant discounts to its ...
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