NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Snowflake Inc. ("Snowflake" or the "Company") (NYSE:SNOW) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Snowflake investors who were adversely affected by alleged securities fraud between September 16, 2020 and March 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/snowflake-lawsuit-submission-form?prid=69104&wire=3
SNOW investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Snowflake had systematically oversold capacity to customers which created a misleading appearance of the demand for Snowflake's products and services; (b) Snowflake had provided significant discounts to ...