Finance

Investor Alert: Class Action Lawsuits Filed Against Snowflake and Nextdoor

Published March 18, 2024

Investor attention is drawn towards the commencement of class action lawsuits targeting SNOW and KIND, announced by Bragar Eagel & Squire, P.C., a renowned shareholder rights law firm. The suits have been filed on behalf of the stockholders of Nextdoor Holdings, Inc., formerly known as Khosla Ventures Acquisition Co. II, and Snowflake Inc., a provider of cloud-based data platforms with international reach, based in San Mateo, California.

Snowflake Inc. Under Legal Scrutiny

Snowflake Inc. (SNOW) is facing legal challenges as part of the aforementioned class action allegations. Investors are being reminded by the law firm to review their rights and potential claims amidst the unfolding lawsuit scenario.

Nextdoor Holdings Faces Legal Action

Similarly, Nextdoor Holdings (KIND), which has rebranded from its former identity, Khosla Ventures Acquisition Co. II, is also in the spotlight due to these legal proceedings. The law firm encourages investors to come forward and partake in the class action suits to protect their investment interests.

lawsuit, investor, classaction