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

Core Viewpoint - AppLovin Corporation is facing a securities class action lawsuit for failing to disclose material information, with a deadline for investors to file lead plaintiff applications by May 5, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the United States District Court for the Northern District of California, involving claims that AppLovin and certain executives violated federal securities laws during the Class Period from May 10, 2023, to February 25, 2025 [1][3]. - The case is identified as Quiero v. AppLovin Corporation, et al., No. 25-cv-02294 [5]. Group 2: Allegations Against AppLovin - Analyst reports from February 26, 2025, indicated that AppLovin was involved in "Ad Fraud" and other questionable practices, including reverse engineering and exploiting advertising data from Meta Platforms [4]. - The company allegedly used manipulative practices to artificially inflate ad click-through and app download rates, such as self-clicking ads and design gimmicks to trigger forced shadow downloads, leading to inflated installation numbers and profit figures [4]. Group 3: Market Reaction - Following the news of the allegations, AppLovin's share price dropped from $377.06 on February 25, 2025, to$331.00 on February 26, 2025 [5]. Group 4: ClaimsFiler Information - ClaimsFiler is a service that assists retail investors in recovering funds from securities class action settlements, providing resources for investors to register, upload portfolio data, and seek legal evaluations [6].