{"id":944500,"date":"2026-03-14T12:15:08","date_gmt":"2026-03-14T16:15:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-deadline-snowflake-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-rgrd-law\/"},"modified":"2026-03-14T12:15:08","modified_gmt":"2026-03-14T16:15:08","slug":"investor-deadline-snowflake-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-rgrd-law","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-deadline-snowflake-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-rgrd-law\/","title":{"rendered":"INVESTOR DEADLINE: Snowflake Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit \u2013 RGRD Law"},"content":{"rendered":"
\n

SAN DIEGO, March 14, 2026 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP<\/strong><\/a> announces that purchasers of Snowflake Inc. (NYSE: SNOW) Class A common stock between June 27, 2023 and the close of market on February 28, 2024 (4:00 p.m. EST), both dates inclusive (the \u201cClass Period\u201d), have until April 27, 2026 to seek appointment as lead plaintiff of the Snowflake <\/em>class action lawsuit. Captioned Patel v. Snowflake Inc.<\/em>, No. 26-cv-01613 (N.D. Cal.), the Snowflake <\/em>class action lawsuit charges Snowflake and certain of Snowflake\u2019s former top executives with violations of the Securities Exchange Act of 1934.<\/p>\n

\n If you suffered substantial losses and wish to serve as lead plaintiff of the <\/strong>
\n
\n Snowflake <\/em>
\n <\/strong>
\n class action lawsuit, please provide your information here:<\/strong>\n <\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/cases-snowflake-class-action-lawsuit-snow.html<\/strong>
\n <\/a>\n <\/p>\n

\n You can also contact attorney <\/strong>
\n
\n J.C. Sanchez<\/strong>
\n <\/a>
\n of Robbins Geller by calling 800\/449-4900 or via e-mail at <\/strong>
\n
\n info@rgrdlaw.com<\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

\n CASE ALLEGATIONS<\/strong>: Snowflake provides a cloud-based data platform for various organizations.<\/p>\n

The Snowflake <\/em>class action lawsuit alleges that defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (i) product efficiency gains, Iceberg Tables, and tiered storage pricing were expected to have a material negative impact on consumption and revenues; and (ii) the headwinds caused by product efficiency gains, Iceberg Tables, and tiered storage pricing put Snowflake\u2019s ability to reach $10 billion in revenue and product revenue in 2029 in doubt.<\/p>\n

The Snowflake <\/em>class action lawsuit further alleges that on February 28, 2024, Snowflake announced its financial results for the quarter ended January 31, 2024 and full fiscal year 2024, disclosing that Snowflake was forecasting increased revenue headwinds associated with product efficiency gains, tiered storage pricing, and the expectation that some of Snowflake\u2019s customers will leverage Iceberg Tables for their storage. On this news, the price of Snowflake Class A common stock fell more than 18%, according to the complaint.<\/p>\n

\n THE LEAD PLAINTIFF PROCESS<\/strong>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Snowflake Class A common stock during the Class Period to seek appointment as lead plaintiff in the Snowflake <\/em>class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Snowflake <\/em>investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Snowflake <\/em>shareholder class action lawsuit. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Snowflake <\/em>class action lawsuit.<\/p>\n

\n ABOUT ROBBINS GELLER: <\/strong>Robbins Geller Rudman & Dowd LLP is one of the world\u2019s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors \u2013 $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs\u2019 firms in the world, and the Firm\u2019s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever \u2013 $7.2 billion \u2013 in In re Enron Corp. Sec. Litig.<\/em> Please visit the following page for more information:<\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud.html<\/strong>
\n <\/a>\n <\/p>\n

Past results do not guarantee future outcomes.\u00a0
Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n

Contact:
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Robbins Geller Rudman & Dowd LLP
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0J.C. Sanchez
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0655 W. Broadway, Suite 1900, San Diego, CA 92101
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0800-449-4900
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0info@rgrdlaw.com<\/strong><\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, March 14, 2026 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Snowflake Inc. (NYSE: SNOW) Class A common stock between June 27, 2023 and the close of market on February 28, 2024 (4:00 p.m. EST), both dates inclusive (the \u201cClass Period\u201d), have until April 27, 2026 to seek appointment as lead plaintiff of the Snowflake class action lawsuit. Captioned Patel v. Snowflake Inc., No. 26-cv-01613 (N.D. Cal.), the Snowflake class action lawsuit charges Snowflake and certain of Snowflake\u2019s former top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Snowflake class action lawsuit, please … <\/p>\n

Continue reading “INVESTOR DEADLINE: Snowflake Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit \u2013 RGRD Law”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-944500","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR DEADLINE: Snowflake Inc. 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