How much does the Snap Inc. Securities Settlement pay?

The total settlement fund is $65M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.

What is the claim deadline for the Snap Inc. Securities Settlement?

This settlement is closed to new claims — the deadline was May 6, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.

Do I need proof of purchase for the Snap Inc. Securities Settlement?

Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.

Is the Snap Inc. Securities Settlement notice real, or a scam?

A.B. Data, Ltd. is the settlement administrator for this case. Claims are filed at snapsecuritiessettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.

When will payments from the Snap Inc. Securities Settlement be sent?

Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 23, 2026; no payments can be issued before a settlement receives final approval.

Claims closedsecurities

Snap Inc. Securities Settlement

Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases

This settlement is closed to new claims — the deadline was May 6, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Snap Inc. is paying $65 million to settle a class action securities lawsuit. The settlement resolves claims that purchasers and sellers of Snap Inc. securities were damaged by alleged misconduct during the class period.

Do you qualify?

Anyone who purchased or acquired Snap Inc. publicly traded securities or call options, or sold Snap Inc. put options, between February 5, 2021 and October 21, 2021, inclusive, and were damaged thereby.

Who is in the class

ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED SNAP INC. PUBLICLY TRADED SECURITIES OR CALL OPTIONS, OR SOLD SNAP INC. PUT OPTIONS, BETWEEN FEBRUARY 5, 2021 AND OCTOBER 21, 2021, INCLUSIVE AND WERE DAMAGED THEREBY.

Quoted from the settlement notice.

How to file

File a Claim Form with the Claims Administrator by the deadline of May 6, 2026. However, the page states "The deadline to file a claim has passed," so claims are no longer being accepted. Proof of purchase/documentation is required as part of a valid Proof of Claim.

Common questions

How much does the Snap Inc. Securities Settlement pay?: The total settlement fund is $65M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
What is the claim deadline for the Snap Inc. Securities Settlement?: This settlement is closed to new claims — the deadline was May 6, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Do I need proof of purchase for the Snap Inc. Securities Settlement?: Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
Is the Snap Inc. Securities Settlement notice real, or a scam?: A.B. Data, Ltd. is the settlement administrator for this case. Claims are filed at snapsecuritiessettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Snap Inc. Securities Settlement be sent?: Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 23, 2026; no payments can be issued before a settlement receives final approval.

Who's involved

Counsel for plaintiffs

Lester R. Hooker Saxena White P.A.

Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.

In the news

Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

Claim deadline: May 6, 2026
Settlement fund: $65M
Proof required: Yes
Class period: February 5, 2021 – October 21, 2021
Exclusion deadline: March 26, 2026
Final hearing: April 23, 2026
Case: Black v. Snap Inc., et al.
Case number: 2:21-cv-08892-GW-RAO
Court: United States District Court for the Central District of California, Western Division
Administrator: A.B. Data, Ltd.
Administrator phone: (877) 777-9249

Official settlement website →

Case status & court docket

Federal court in CaliforniaMore from California

United States District Court for the Central District of California, Western Division

Case terminated April 24, 2026

April 24, 2026
Final approval
FINAL JUDGMENT AND ORDER OF DISMISSAL WITH PREJUDICE by Judge George H Wu. IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that: The Court finds that Defendants' financial obligations under the Stipulation have been satisfied through the payment of $65,000,000.00 to the Settlement Fund, in accordance w
April 23, 2026
Final approval
MINUTES OF LEAD PLAINTIFF'S MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT AND PLAN OF ALLOCATION 191 AND LEAD PLAINTIFF'S MOTION FOR AN AWARD OF ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES 192 held before Judge George H Wu. The Court's Tentative Ruling on Plaintiff's Motion 192 w
April 22, 2026
Final approval
MINUTES IN CHAMBERS - TENTATIVE RULING ON LEAD PLAINTIFF'S MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT AND PLAN OF ALLOCATION 191 ; and LEAD PLAINTIFF'S MOTION FOR AN AWARD OF ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES 192 by Judge George H Wu. Attached is the Court's Tentativ
April 9, 2026
Final approval
REPLY in Support of NOTICE OF MOTION AND MOTION for Attorney Fees (and Reimbursement of Litigation Expenses) 192, NOTICE OF MOTION AND MOTION for Settlement Approval of (Final Approval of Class Action Settlement and Plan of Allocation) 191 filed by Plaintiff Oklahoma Firefighters Pension and Retirem
March 17, 2026
Final approval
NOTICE OF LODGING filed re NOTICE OF MOTION AND MOTION for Attorney Fees (and Reimbursement of Litigation Expenses) 192, NOTICE OF MOTION AND MOTION for Settlement Approval of (Final Approval of Class Action Settlement and Plan of Allocation) 191 (Attachments: # 1 Proposed Order ([Proposed] Order Ap
March 12, 2026
Final approval
NOTICE OF MOTION AND MOTION for Settlement Approval of (Final Approval of Class Action Settlement and Plan of Allocation) filed by Lead Plaintiff Oklahoma Firefighters Pension and Retirement System. Motion set for hearing on 4/23/2026 at 08:30 AM before Judge George H Wu. (Hooker, Lester) (Entered:

View the full court docket on CourtListener →

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