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Snapchat misleading investors, alleges ex-employee

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Snapchat showed investors false user statistics, ex-employee alleges in lawsuit

Snapchat showed investors false user statistics, ex-employee alleges in lawsuit*/

– A former Snapchat employee alleged in a lawsuit that the company misrepresented its financial state while recruiting him and then pressured him to spill secrets about his time at Facebook.Anthony Pompliano worked in Snapchat’s business operations department for three weeks before his firing in September 2015.He alleged in court papers Wednesday that the company has lied about the reason for his termination since then, hindering his ability to land another job in the social media industry.
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Snapchat misleading investors, alleges ex-employee

Snapchat misleading investors, alleges ex-employee*/

– Enlarge A lawsuit also alleges that Snap hired the complainant away from its rival Facebook in… moreAnthony Pompliao worked at Snap Inc., then still called Snapchat, for just three weeks in the fall of 2015.During his brief tenure, he discovered that the company had misrepresented the company’s growth during his interview process as well as to investors as the company prepared for an initial public offering, he alleges in a lawsuit filed on Wednesday.The details of the allegation are redacted — nearly eight consecutive pages as well as other segments are blacked out — while his lawyer determines whether the information falls under his confidentiality agreement.
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A former Snapchat employee’s lawsuit alleges the company inflated its metrics — Quartz

A former Snapchat employee's lawsuit alleges the company inflated its metrics — Quartz*/

– A military hero, a spurned suitor, a tale of revenge and betrayal.No, it’s not the latest Fabio-covered paperback.It’s a lawsuit filed against Snapchat in Los Angeles earlier this week.
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