Faruqi & Faruqi investigating Snowflake securities class action, deadline to seek lead plaintiff April 27, 2026.

• Faruqi & Faruqi investigates Snowflake securities class action. • Deadline to seek lead plaintiff is April 27, 2026. • Losses occurred between June 27, 2023 and February 28, 2024. • Contact James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).

Faruqi & Faruqi, LLP, a national securities law firm, is investigating potential claims against Snowflake Inc. (NYSE: SNOW) related to a federal securities class action. The firm alleges that Snowflake and its executives may have violated federal securities laws by making misleading statements or failing to disclose material information during the class period of June 27, 2023, to February 28, 2024 according to an investor notice. Specifically, the complaint claims defendants did not adequately address how product efficiency gains, Iceberg Tables, and tiered storage pricing would negatively impact consumption and revenue as alleged in the complaint.

On February 28, 2024, Snowflake disclosed financial results for the quarter and full fiscal year 2024, revealing anticipated revenue headwinds tied to these factors. The company also announced the retirement of CEO Frank Slootman. Following this disclosure, Snowflake's Class A common stock fell 18.14%, dropping from $230.00 to $188.28 per share.

Investors who purchased Snowflake securities during the specified period may be eligible to participate in the class action. The deadline to seek appointment as lead plaintiff is April 27, 2026. The lead plaintiff, typically the investor with the largest financial stake in the case, will oversee litigation on behalf of the class.

Individuals with inquiries about the case are advised to contact James (Josh) Wilson, a partner at Faruqi & Faruqi, at 877-247-4292 or 212-983-9330 (Ext. 1310) according to the firm's contact information. The firm emphasizes that all communications will be treated confidentially.

This update is based on publicly available filings and does not constitute legal or financial advice. Investors are encouraged to review official documents for further details.