Ex-employee accuses Snapchat of misleading investors in lawsuit

Posted online January 5, 2017 | 12:16 pm

Ex-Snapchat employee Anthony Pompliano alleges in a lawsuit the company misled investors to drive up the price of its initial public offering.

In the suit filed Wednesday, Pompliano claims Snapchat fired him for being a whistleblower.

The Hollywood Reporter cited a heavily redacted complaint it was able to gain access to. Due to the redactions, it's unclear what Pompliano's accusations are regarding his claims of Snapchat misleading investors.

Read more from The Hollywood Reporter.

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