APPLOVIN (APP) ALERT: Bragar Eagel & Squire, P.C. Continues Investigation Into AppLovin Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AppLovin Corporation following a class action lawsuit that alleges the company misled investors regarding its advertising practices and financial performance [1][6]. Company Overview - AppLovin Corporation is facing a class action complaint filed on March 5, 2025, with a class period from May 10, 2023, to March 26, 2025, concerning potential breaches of fiduciary duties by its board of directors [1][6]. Allegations - The lawsuit claims that AppLovin created a false impression of its AXON 2.0 digital ad platform and AI technologies, suggesting they would efficiently match ads to mobile games and expand into web marketing and e-commerce [6]. - It is alleged that AppLovin exploited advertising data from Meta Platforms and engaged in manipulative practices, such as a "backdoor installation scheme," which inflated installation numbers and profit figures [6]. - Analyst reports on February 26, 2025, indicated that AppLovin was reverse engineering Meta's advertising data and using tactics to artificially inflate ad click-through and app download rates, leading to a more than 12% drop in share price following the news [6].