Rpt: Ex-Employee Sues Snapchat, Alleges it Misled Investors

A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. In the lawsuit filed on Wednesday in a California court by Anthony Pompliano, who earlier worked with Facebook Inc, also alleged he was fired for being a whistleblower, the magazine reported.