Girard Sharp is investigating potential securities claims on behalf of all investors who purchased Reddit securities between October 29, 2024, and May 20, 2025.
If you are a former or current Reddit shareholder who purchased stock between October 2024 and May 2025, you may have a claim to relief.
Speak to a Girard Sharp attorney about your rights and your eligibility for relief. Please fill out our form or call (866) 981-4800 for a free consultation.
More Information on Reddit’s Securities Fraud
A complaint filed June 18, 2025, alleges that Reddit made misleading statements and failed to disclose key facts about declining web traffic. Specifically, Google’s AI-driven search changes were enabling users to get answers without visiting Reddit. Despite being aware of this shift, Reddit misrepresented its impact on user growth and advertising revenue. As a result, investors suffered significant losses in stock value.
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