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Class Action Announcement APP: A Securities Fraud Class Action Lawsuit Was Filed Against AppLovin Corporation (APP)
APPApplovin(APP) GlobeNewswire News Room·2025-04-03 23:28

Core Viewpoint - Securities class action lawsuits have been filed against AppLovin Corporation for allegedly making false and misleading statements regarding its business practices and financial performance during the specified class period from May 10, 2023, to February 25, 2025 [1]. Group 1: Allegations Against AppLovin - Defendants are accused of making materially false and misleading statements and failing to disclose critical facts about the company's operations and prospects [3]. - Specific allegations include the reliance on fraudulent advertising practices such as "clickjacking" and "click spoofing," intercepting advertising attribution credit, employing backdoor installation schemes, and falsely inflating revenue [3]. Group 2: Legal Process and Participation - Investors in AppLovin have until May 5, 2025, to seek appointment as lead plaintiff representatives in the class action lawsuit [4]. - The lead plaintiff will represent the interests of all class members and select legal counsel to direct the litigation [4]. Group 3: Law Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].