AppLovin Corporation Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – APP

Core Viewpoint - AppLovin Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between May 10, 2023, and February 25, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that AppLovin's defendants misled investors regarding the company's financial growth and stability, particularly highlighting the launch of the AXON 2.0 digital ad platform and the use of advanced AI technologies [2] - Allegations include dishonest advertising practices, with reports emerging on February 26, 2025, that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms [2] - Following the revelation of these practices, AppLovin's stock price dropped from $377.06 per share on February 25, 2025, to$331.00 per share on February 26, 2025 [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, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]