NEW YORK, Feb. 5, 2026 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Snowflake Inc. (“Snowflake” or the “Company”) (NYSE: SNOW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Snowflake and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On February 28, 2024, Snowflake announced its financial results for the fourth quarter and full fiscal year 2024, along with financial guidance for the full fiscal year 2025. During the accompanying earnings call, Snowflake’s management discussed changes in customer behavior and the impact of certain product-related developments, which adversely affected the Company’s outlook.
On this news, Snowflake’s stock price fell $41.72 per share, or 18.14%, to close at $188.28 per share on February 29, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
