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by raiyu 2502 days ago
During the investor pitches there are projections and historical numbers that are provided of they are misleading this where a lawsuit is needed to uncover that.

That's what happened to Snapchat after they ipo. Turns out they had more warning internally that their numbers were slowing that weren't shared.

1 comments

Oh I didn't hear about a snap lawsuit, I knew their stock tanked but I don't know about the lawsuit. I'll Google it. I figured after they put out the ipo perspective it was "buyer be ware".