AXON 2.0 digital ad platform
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APPLOVIN INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Continues Investigation into AppLovin on Behalf of Long-Term Stockholders
Globenewswire· 2025-10-29 11:43
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 lawsuit 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]. - The lawsuit claims that AppLovin created a false impression of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching efficiency and expand into new markets [6]. Allegations and Impact - The lawsuit alleges 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]. - On February 26, 2025, analyst reports 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 AppLovin's share price following the news [6].
APPLOVIN REMINDER: Bragar Eagel & Squire, P.C. Reminds AppLovin Long-Term Stockholders to Contact the Firm Regarding Ongoing Investigation
Globenewswire· 2025-10-16 20:31
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][7]. Group 1: Legal Investigation - The law firm is encouraging long-term stockholders of AppLovin who suffered losses between May 10, 2023, and March 26, 2025, to discuss their legal rights [1]. - The investigation focuses on whether AppLovin's board of directors breached their fiduciary duties to the company [1]. Group 2: Class Action Lawsuit Details - The class action 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 [7]. - Allegations include that AppLovin exploited advertising data from Meta Platforms and used manipulative practices, such as a "backdoor installation scheme," to inflate installation numbers and profit figures [7]. - Following the emergence of analyst reports on February 26, 2025, which accused AppLovin of reverse engineering Meta's advertising data, the company's stock price reportedly fell by over 12% [7].
APPLOVIN INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Urges Long-Term Stockholders in AppLovin Corporation to Contact the Firm About the Ongoing Investigation
Globenewswire· 2025-10-08 19:17
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][7]. Group 1: Legal Investigation - The law firm is encouraging long-term stockholders of AppLovin who suffered losses between May 10, 2023, and March 26, 2025, to discuss their legal rights [1]. - The investigation focuses on whether AppLovin's board of directors breached their fiduciary duties to the company [1]. Group 2: Class Action Lawsuit Details - The class action lawsuit claims that AppLovin created a false impression of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching efficiency and expand into new markets [7]. - Allegations include 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 [7]. - Following the emergence of analyst reports on February 26, 2025, which accused AppLovin of reverse engineering Meta's advertising data, the company's stock price reportedly fell by over 12% [7].
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
Globenewswire· 2025-10-02 11:22
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].
APPLOVIN ALERT: Bragar Eagel & Squire, P.C. is Investigating AppLovin Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-08 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against AppLovin Corporation due to a class action lawsuit alleging breaches of fiduciary duties by the board of directors [1] Group 1: Allegations of Misconduct - The class action lawsuit claims that AppLovin misrepresented the effectiveness of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching and expand into new markets [2] - It is alleged that AppLovin engaged in manipulative practices, including exploiting advertising data from Meta Platforms and implementing a "backdoor installation scheme" to inflate installation numbers and profit figures [2] - Reports from analysts on February 26, 2025, indicated that AppLovin was reverse engineering Meta's advertising data and using deceptive tactics to artificially boost ad click-through and app download rates, leading to a significant drop in share price by over 12% [3]
Levi & Korsinsky Notifies AppLovin Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – APP
GlobeNewswire News Room· 2025-05-05 17:48
Core Viewpoint - AppLovin Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between May 10, 2023, and March 26, 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 that AppLovin engaged in dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2] - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share, indicating a significant loss for investors [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 in the lawsuit [3] - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4]
APP DEADLINE TODAY: AppLovin (APP) Investors with Losses Alerted to Today's Lead Plaintiff Deadline in Securities Class Action
GlobeNewswire News Room· 2025-05-05 13:10
Core Viewpoint - AppLovin Corp. is experiencing a significant shift in investor sentiment following a 700% stock surge, with major investment banks downgrading their price targets due to critical reports from short-selling firms [1][2]. Group 1: Stock Performance and Analyst Revisions - AppLovin's stock price target was reduced by Goldman Sachs from $500.00 to $335.00, and UBS Group lowered its target from $630.00 to $450.00 [2]. - The downward revisions in stock expectations are attributed to multiple critical reports from short sellers [3]. Group 2: Legal Challenges - AppLovin is facing a securities class action lawsuit alleging misleading statements regarding its AXON 2.0 digital ad platform and AI technologies [4]. - The lawsuit claims that AppLovin misrepresented its technology's capabilities and engaged in manipulative practices, including exploiting advertising data from Meta Platforms [4][5]. Group 3: Short Seller Allegations - Muddy Waters Research accused AppLovin of violating app store rules by extracting proprietary IDs without user consent and claimed a high churn rate among e-commerce advertisers [3]. - Other firms, such as Fuzzy Panda Research and Culper Research, have also criticized AppLovin's practices, suggesting data theft and revenue fraud [4]. Group 4: Impact of Reports on Stock Price - Following the release of critical reports on February 26, 2025, AppLovin's share price reportedly fell by more than 12% [5].
The Gross Law Firm Notifies AppLovin Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - APP
Prnewswire· 2025-05-05 09:45
Core Viewpoint - AppLovin Corporation is facing allegations of misleading investors regarding its financial growth and stability, particularly related to its AXON 2.0 digital ad platform and advertising practices [2][4]. Group 1: Allegations and Financial Impact - The class period for the allegations against AppLovin is from May 10, 2023, to March 26, 2025 [2]. - Defendants allegedly provided false information about AppLovin's financial performance and growth, claiming confidence in its new digital ad platform and the use of advanced AI technologies [2]. - Reports emerged on February 26, 2025, indicating that AppLovin was involved in reverse engineering and exploiting advertising data from Meta Platforms, leading to manipulative practices that inflated ad click-through and app download rates [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: Legal Proceedings and Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action lawsuit, with a deadline of May 5, 2025, to seek lead plaintiff status [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. - The Gross Law Firm, which is leading the class action, aims to protect investors' rights and ensure companies adhere to responsible business practices [4].
AppLovin Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights – APP
GlobeNewswire News Room· 2025-05-02 17:59
Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin misled investors regarding its financial growth and stability, particularly through the promotion of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
AppLovin Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - APP
Prnewswire· 2025-05-02 09:45
Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and March 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin's management provided misleading information regarding the company's financial growth and stability, particularly related to the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Allegations include that AppLovin engaged in dishonest advertising practices, such as reverse engineering advertising data from Meta Platforms and manipulating ad metrics to inflate performance figures [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped from $377.06 to $331.00 per share, reflecting a significant loss for investors [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs for class members, as compensation may be available without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].