APP LAWSUIT ALERT: The Gross Law Firm Notifies AppLovin Corporation Investors of a Class Action Lawsuit and Upcoming Deadline

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].