Snowflake Inc.

SNOW

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
April 29, 2024

Days Left:
-51

calendar

Snowflake Inc. Form












Class Action Lawsuit List does not share your information with others. There is no cost or obligation for you to submit.

Allegations

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 its customers prior to the Initial Public Offering (IPO) that temporarily boosted sales but would not be sustainable after the IPO and/or necessitate platform efficiency adjustments that negatively impacted client consumption and Snowflake’s revenue and profit margins; (c) as a result of (a)-(b) above, Snowflake’s customers were poised to roll over a material amount of unused credits (and thereby cannibalize future sales) at the end of their contracts’ terms or to refuse to renew their contracts at prior consumption levels or at all; (d) as a result (a)-(c) above, Snowflake’s product revenue and remaining performance obligations had been artificially inflated leading up to and during the class period; and (e) as a result of (a)-(d) above, defendants lacked a reasonable basis for their positive statements about Snowflake’s business, financials, and growth trajectory.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Snowflake purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Snowflake during the relevant time frame, you have until April 29, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Active Cases

Ticker Symbol Company Name Join Deadline Join
GDRX GoodRx Holdings, Inc. June 21, 2024 Join
LNC Lincoln National Corporation June 24, 2024 Join
CMP Compass Minerals International, Inc. June 24, 2024 Join
ADSK Autodesk, Inc. June 24, 2024 Join
AKRO Akero Therapeutics, Inc. June 25, 2024 Join
EXAI Exscientia plc June 25, 2024 Join
EXAI Exscientia plc June 25, 2024 Join
MBUU Malibu Boats, Inc. June 28, 2024 Join
GL Globe Life Inc. f/k/a Torchmark Corporation July 01, 2024 Join
EQIX Equinix, Inc. July 01, 2024 Join
INTC Intel Corporation July 02, 2024 Join
ALT Altimmune, Inc. July 05, 2024 Join
AXTI AXT, Inc. July 05, 2024 Join
LI Li Auto Inc. July 09, 2024 Join
SPT Sprout Social, Inc. July 12, 2024 Join
NARI Inari Medical, Inc. July 12, 2024 Join
UNH UnitedHealth Group Inc. July 15, 2024 Join
TDOC Teladoc Health, Inc. July 16, 2024 Join
VSTS Vestis Corporation July 16, 2024 Join
CMBM Cambium Networks Corporation July 22, 2024 Join
BIIB Biogen Inc. July 22, 2024 Join
FSLY Fastly, Inc. July 23, 2024 Join
ENPH Enphase Energy, Inc. July 29, 2024 Join
RIVN Rivian Automotive, Inc. July 30, 2024 Join
HTZ Hertz Global Holdings, Inc. July 30, 2024 Join
HUM Humana Inc. August 02, 2024 Join
MRNS Marinus Pharmaceuticals, Inc. August 05, 2024 Join
GRTS Gritstone bio, Inc. August 06, 2024 Join
RBLX Roblox Corporation August 12, 2024 Join
TWOU 2U, Inc. August 12, 2024 Join
LW Lamb Weston Holdings, Inc. August 12, 2024 Join