Back to News
Market Impact: 0.2
Snap Finalizing Settlement to Avoid LA Trial on Addiction Claims
Source: Bloomberg
Legal & LitigationMedia & EntertainmentHealthcare & Biotech
Snap Inc. is finalizing a settlement in a lawsuit brought by two teenagers, according to the plaintiffs’ attorneys. The teenagers allege that years of compulsive scrolling and posting on Snap’s photo-sharing app contributed to their mental health struggles; no settlement terms or financial amount were provided.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.20
Ticker Sentiment
SNAP-0.55
More News
- Snap settles social media addiction lawsuit to avoid trial
- Teens settle with Snapchat parent, ending trial against Big Tech over social media addiction claims
- Snap settles teen social media addiction case days before trial
- Snap settles with two teens during trial testing claims social media caused depression, eating disorders
- ‘Fastest entertainment property in history’: GTA VI arrives to test a thin November box office
- Kimberly-Clark closes its acquisition of Tylenol maker Kenvue. What to expect next