Tamraz, Jr v. Reddit, Inc. et al

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Case overview

Case Number:

3:25-cv-05144

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

James Donato

Firms

Companies

Sectors & Industries:

  1. February 17, 2026

    Reddit Fights Investor Suit Over Google AI Impact

    Reddit wants out of a proposed investor class action accusing it of downplaying the impact that Google's artificial intelligence-generated search results have had on the forum website's traffic and ad revenues, arguing it has always been up-front with the public about the potential competition from Google.

  2. June 18, 2025

    Reddit Execs Downplayed Google AI's Impact, Investors Say

    Reddit and its top brass downplayed the impact Google's artificial intelligence-generated search results had on the forum website's traffic and ad revenues, causing stocks to drop when the truth emerged about weakening revenues, according to an investor's proposed class action filed Wednesday in California federal court.