APPLOVIN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AppLovin Corporation - APP

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APPLOVIN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AppLovin Corporation - APP - GlobeNewswire

Quick Summary:

NEW ORLEANS, April 03, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against AppLovin Corporation (NasdaqGS: APP), if they purchased the Company’s securities between May 10, 2023 and February 25, 2025, inclusive (the "Class Period”).

On February 26, 2025, analyst research reports highlighted that the Company was engaging in "Ad Fraud” and other dubious practices including reverse engineering and exploiting advertising data from Meta Platforms, and utilizing manipulative practices to artificially inflate their own ad click-through and app download rates, such as by having ads click on themselves or utilizing design gimmicks to trigger forced shadow downloads, erroneously inflating installation numbers and, in turn, its profit figures.

About the Lawsuit AppLovin and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.