REDDIT, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Reddit, Inc.'s Directors and Officers for Breach of Fiduciary Duties - RDDT

Business Wire 17-Mar-2026 4:00 PM

Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of Reddit, Inc. (NYSE:RDDT) failed to manage Reddit in an acceptable manner, breaching their fiduciary duties to Reddit, and whether Reddit and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know:

• On May 1, 2025, Reddit announced "short-term bumps," including a third consecutive quarter in slowing growth in daily active users. The following day, Reddit's common stock dropped 4.2%.
• On February 24, 2026, the UK's Information Commissioner's Office announced a fine against Reddit equal to $19.5 million for unlawful collection and use of data of children under 13.
• If you own Reddit common stock, join our investigation on behalf of Reddit and its shareholders by filling out the form below.

If you own Reddit common stock and you wish to discuss this investigation—at no cost for you—please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or jpettigrew@scott-scott.com.

About this investigation – FAQ:

Q1: What is this ongoing investigation into Reddit, Inc. about?

A: According to our investigation, owners of Reddit common stock may have been impacted by Reddit's May 1, 2025 announcement of "short-term bumps." Reddit shareholders also may be impacted by a $19.5 million fine announced against Reddit for failing to safeguard and improperly use data of children under 13. Scott+Scott has a decades-long track record in fighting for corporate governance and monetary recoveries on behalf of companies and their shareholders.

Q2: How does this Scott+Scott investigation work?

A: Joining our investigation is easy and at no cost for you. By filling out the form below, we will let you know your rights as a Reddit shareholder, and how the process works and what you can expect. If you currently own Reddit stock, we look forward to hearing from you.

To learn more about Scott+Scott, our attorneys, or complex case resolution, please visit www.scott-scott.com.

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Joe Pettigrew Scott+Scott Attorneys at Law LLP 600 W. Broadway, Suite 3300, San Diego, CA 92101 (844) 818-6982 jpettigrew@scott-scott.com