Snowflake Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SNOW

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March 16, 2026 3:12 AM EDT

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LOS ANGELES, March 16, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Snowflake Inc. ("Snowflake" or "the Company") (NYSE: SNOW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of SNOW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 27, 2023 to February 28, 2024

DEADLINE: April 27, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Snowflake's pricing changes and efficiency gains by customers threatened its consumption levels and revenues. The Company continued to make positive claims about its future performance despite these challenges. Based on these facts, Snowflake's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

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