Lowey Dannenberg is Investigating Snap Inc. for Potential Breaches of Fiduciary Duty by Its Board of Directors

Rhea-AI Summary

Lowey Dannenberg P.C. is investigating a potential breach of fiduciary duty claim against the board of directors of Snap Inc. (NYSE:SNAP). Shareholders who wish to participate in the investigation can contact Lowey Dannenberg for more information. The firm specializes in recovering losses for investors affected by corporate fraud and has significant experience in securities law. This inquiry may raise concerns about corporate governance at Snap and the responsibilities of its board.

Positive

• Potential recovery of losses for investors if fiduciary duty breaches are proven.

Negative

• Investigation indicates potential governance issues within Snap's board.
• Concerns over board accountability and fiduciary responsibilities may impact investor confidence.

NEW YORK, NY / ACCESSWIRE / October 19, 2022 / Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating a potential breach of fiduciary duty claim involving the board of directors of Snap Inc. ("Snapchat" or the "Company") (NYSE:SNAP).

If you are a shareholder of Snap Inc. and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact Andrea Farah via email at afarah@lowey.com or at (914) 733-7256 or Radhika Gupta at rgupta@lowey.com or (914) 733-7212.

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: afarah@lowey.com
rgupta@lowey.com

SOURCE: Lowey Dannenberg

View source version on accesswire.com:
https://www.accesswire.com/721028/Lowey-Dannenberg-is-Investigating-Snap-Inc-for-Potential-Breaches-of-Fiduciary-Duty-by-Its-Board-of-Directors

FAQ

What is the investigation involving Snap Inc. about?

Lowey Dannenberg P.C. is investigating a potential breach of fiduciary duty by the board of directors of Snap Inc.

Who can participate in the Snap Inc. investigation?

Shareholders of Snap Inc. can participate in the investigation by contacting Lowey Dannenberg.

What could be the implications of the fiduciary duty investigation for Snap Inc. shareholders?

If breaches are found, there could be potential recoveries for investors and increased scrutiny on Snap's board governance.

How does Lowey Dannenberg assist investors in cases like Snap Inc.?

Lowey Dannenberg helps investors recover financial losses resulting from corporate fraud and fiduciary breaches.