(Los Angeles Times) A Snap Inc. shareholder sued the company Tuesday for allegedly misrepresenting how many people used its Snapchat app. In a lawsuit filed in U.S. District Court in Los Angeles, James Erickson of Suffolk County, N.Y., blamed Snap’s alleged misrepresentations for a drop in the price of the company’s shares….
Snap Faces Shareholder Lawsuit After Stock Price Drops
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