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SNOWFLAKE FRAUD INVESTIGATION: Kaplan Fox Alerts Investors of Snowflake Inc. (SNOW) to Possible Securities Law Violations From June 27, 2023 Through February 28, 2024
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you purchased or otherwise acquired Snowflake securities between June 27, 2023 and February 28, 2024 and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing juris@kaplanfox.com or by calling (646) 315-9007.
On February 28, 2024, after the market closed, Snowflake issued a press release announcing financial results for the fourth quarter and full fiscal year 2024, as well as guidance for the full fiscal year 2025. During the subsequent earnings call, the Company disclosed that customer behavior trends and various product developments had impacted their guidance.
Following this news, the price of Snowflake stock declined from a closing price on February 28, 2024 of $230.00 per share, to close at $188.28 per share on February 29, 2024, a decline of $41.72 per share, over 18%.
WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
If you have any questions about this investigation, please contact:
CONTACT:
Jason A. Uris
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York10022
(646) 315-9007
juris@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
https://www.kaplanfox.com/case/snowflake-inc/
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