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APP DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages AppLovin Corporation Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – APP
GlobeNewswire News Room· 2025-04-29 18:15
Core Viewpoint - Rosen Law Firm is reminding investors who purchased AppLovin Corporation securities between May 10, 2023, and February 25, 2025, of the May 5, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by May 5, 2025, to serve as lead plaintiff [2] - Investors can join the class action by visiting the provided link or contacting the law firm directly [6] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in recovering funds [3] Group 3: Case Allegations - The lawsuit alleges that defendants provided misleading information regarding AppLovin's financial growth and stability, including confidence in its AXON 2.0 digital ad platform [4] - Defendants reportedly disseminated materially false statements while concealing adverse facts, such as the use of a "backdoor installation scheme" that inflated installation numbers and profitability [5]
INVESTOR DEADLINE NEXT WEEK: AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - APP
Prnewswire· 2025-04-29 16:20
Core Viewpoint - AppLovin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its advertising platform and inflated its performance metrics [1][3][4]. Group 1: Class Action Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., allows purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, to seek lead plaintiff status by May 5, 2025 [1][5]. - The lawsuit alleges that AppLovin's executives created a false impression of the effectiveness of their AXON 2.0 digital ad platform and AI technologies [3][4]. Group 2: Allegations Against AppLovin - AppLovin is accused of exploiting advertising data from Meta Platforms and using manipulative practices to inflate installation numbers and profit figures [3][4]. - Reports emerged on February 26, 2025, indicating that AppLovin was engaging in reverse engineering and manipulative advertising practices, leading to a more than 12% drop in share price [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased AppLovin securities during the class period to seek lead plaintiff status, which enables them to direct the lawsuit on behalf of the class [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, and is recognized for securing significant monetary relief [6].
CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises AppLovin (NASDAQ: APP) Investors to Inquire About a Securities Fraud Class Action by May 5, 2025
Prnewswire· 2025-04-29 12:43
Investor Deadline: Investors who purchased or acquired AppLovin securities during the Class Period may, no later than MAY 5, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE. Headquartered in Palo Alto, Calif., AppLovin is a developer of a software-based platform for advertisers. The truth began to emerge on February 26, 2025, when analysts Fuzzy Panda and Culper Research each published reports accusing AppLovin of, among other things, reverse-engi ...
Investors in AppLovin Corporation Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - APP
Prnewswire· 2025-04-29 09:45
Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin's management provided misleading information regarding the company's financial growth and stability, particularly related to the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include that AppLovin engaged in dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate click-through and app download rates [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell from $377.06 per share to $331.00 per share, indicating a significant loss for investors [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members, allowing them to seek compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years, indicating its expertise in handling complex cases [4].
AppLovin Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. May 5, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-04-28 20:54
Core Viewpoint - AppLovin Corporation is facing a class action lawsuit due to allegations of misleading investors regarding its digital advertising platform and manipulative practices that inflated financial metrics [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased AppLovin securities between May 10, 2023, and February 25, 2025, with a deadline of May 5, 2025, for filing a lead plaintiff motion [1]. - The lawsuit claims that AppLovin misled investors by promoting its AXON 2.0 platform and AI technologies as beneficial for advertising efficiency, while allegedly engaging in deceptive practices [3]. Group 2: Allegations Against AppLovin - Allegations include the exploitation of advertising data from Meta Platforms and the use of a "backdoor installation scheme" to force unwanted apps onto users' devices, leading to inflated installation metrics [3]. - Reports on February 26, 2025, indicated that AppLovin was reverse engineering Meta's advertising data and employing deceptive methods to artificially boost ad performance, resulting in a share price decline of over 12% [4].
APP LAWSUIT ALERT: The Gross Law Firm Notifies AppLovin Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-04-28 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of AppLovin Corporation regarding a class action lawsuit due to allegations of misleading financial information and deceptive advertising practices that led to a significant decline in stock price [1][2]. Group 1: Allegations and Financial Impact - The class period for the allegations is from May 10, 2023, to March 26, 2025 [2]. - Defendants allegedly misled investors about AppLovin's financial growth and stability, claiming confidence in the launch of the AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Following the revelation of manipulative advertising practices, AppLovin's stock price fell from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025, indicating a significant loss for investors [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit by May 5, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to false or misleading statements [4].
APP INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-04-27 16:15
Core Viewpoint - The AppLovin Corporation is facing a class action lawsuit for allegedly misleading investors regarding its advertising practices and financial performance during the specified class period from May 10, 2023, to February 25, 2025 [1][3]. Group 1: Allegations and Impact - The lawsuit claims that AppLovin created a false impression of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching efficiency and expand into new markets [3]. - It is alleged that AppLovin engaged in manipulative practices, including exploiting advertising data from Meta Platforms and inflating installation numbers through a "backdoor installation scheme," which misrepresented its profit figures [3][4]. - Following the revelation of these practices on February 26, 2025, AppLovin's share price dropped by over 12% [4]. Group 2: Legal Process and Representation - Investors who purchased AppLovin securities during the class period can seek to be appointed as lead plaintiff in the lawsuit, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest and must be typical and adequate of the class [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].
APP INVESTOR ALERT: AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit
Prnewswire· 2025-04-26 02:15
Core Viewpoint - The AppLovin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding its advertising platform and practices [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., covers purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, with a deadline of May 5, 2025, for seeking lead plaintiff status [1][5]. - Allegations include that AppLovin falsely represented its AXON 2.0 digital ad platform and AI technologies as effective tools for matching ads to mobile games, while actually engaging in manipulative practices [3][4]. Group 2: Allegations Against AppLovin - Reports emerged on February 26, 2025, claiming that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms, leading to artificially inflated ad metrics [4]. - The lawsuit alleges that AppLovin's practices included self-clicking ads and forced shadow downloads, which misrepresented installation numbers and inflated profit figures [3][4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased AppLovin securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6]. - The firm has a strong track record, including the largest securities class action recovery in history at $7.2 billion from the Enron case [6].
AppLovin (NASDAQ: APP) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-04-24 15:38
Core Viewpoint - A securities class action lawsuit has been filed against AppLovin Corporation for allegedly misleading investors about its financial growth and stability during the Class Period from May 10, 2023, to March 26, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of purchasers of AppLovin securities during the specified Class Period [1]. - Investors have until May 5, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations Against AppLovin - The complaint claims that AppLovin and its senior management misled investors regarding the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies [3]. - Reports from analysts Fuzzy Panda and Culper Research accused AppLovin of reverse-engineering advertising data from Meta Platforms and using manipulative practices to inflate ad click-through and app download rates [4]. - Muddy Waters Research later alleged that AppLovin violated terms of service of major platforms like Facebook and Google, which could threaten its revenue growth sustainability [6]. Group 3: Stock Price Impact - Following the negative reports, AppLovin's stock price dropped from $377.06 on February 25, 2025, to $331.00 on February 26, 2025, marking a decline of $46.06 per share, or 12% [5]. - On March 27, 2025, the stock fell further by $65.92 per share, or 20%, closing at $261.70 after a report from Muddy Waters Research [7].
Can AppLovin Stock Rebound This Year?
The Motley Fool· 2025-04-24 14:01
Core Viewpoint - AppLovin is facing skepticism from investors due to multiple short-seller reports questioning its business model, despite its claims of developing a leading advertising AI model [1][2]. Group 1: Financial Performance - AppLovin has experienced rapid growth in both revenue and profits, but concerns about its business model persist [2]. - The advertising segment generated $3.2 billion in revenue, growing by 75% year-over-year, while the apps business only grew by 3% to $1.5 billion, negatively impacting overall growth [5]. - The company's stock has declined by 30% year-to-date, reducing its price-to-earnings multiple from over 100 to 50, indicating a steep premium despite the drop [8][10]. Group 2: Future Prospects - AppLovin is considering selling its apps business, which could enhance its growth potential by focusing on an entirely ad-based sales model [4][5]. - The company's ability to sustain its growth may be influenced more by macroeconomic conditions, such as potential economic slowdowns or recessions affecting advertising spending [6]. - The stock has appreciated by approximately 240% over the past year, but the outlook for the company remains uncertain unless the economic environment improves significantly [11][12].