Core Viewpoint - Securities class action lawsuits have been filed against AppLovin Corporation for allegedly making materially 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 misrepresenting the company's reliance on fraudulent advertising practices, including "clickjacking" and "click spoofing" [3]. - The complaints allege that AppLovin's advertising and e-commerce program involved intercepting and appropriating advertising attribution credit [3]. - It is claimed that AppLovin employed a backdoor installation scheme to force unwanted apps on customers, leading to inflated revenue figures [3]. - As a result of these practices, statements made by the Defendants regarding the company's business, operations, and prospects were deemed materially false and misleading [3]. Group 2: Lead Plaintiff Process - Investors in AppLovin have until May 5, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a global reputation for prosecuting class actions and has recovered billions of dollars for victims of corporate misconduct [5]. - The firm emphasizes its commitment to protecting investors, consumers, and employees from fraud and negligence [5].

Group 1 - AppLovin (NASDAQ: APP) stock has increased by 255% since August 2024, indicating strong performance and bullish sentiment [1] - Recent share price pullback presents an opportunity to remain optimistic about AppLovin's future prospects [1] Group 2 - The author has a beneficial long position in AppLovin shares, reflecting confidence in the company's growth potential [2]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against AppLovin Corporation for alleged violations of federal securities laws, encouraging affected investors to contact them regarding their legal options [1][3]. Group 1: Allegations Against AppLovin - The complaint alleges that AppLovin and its executives made false or misleading statements and failed to disclose material information about the company's financial growth and stability [3]. - Defendants reportedly expressed confidence in the launch of the AXON 2.0 digital ad platform and the use of advanced AI technologies for ad matching, while also expanding into web-based marketing and e-commerce [3]. - The company publicly reported strong financial results and guidance, despite allegedly engaging in dishonest advertising practices [3]. Group 2: Revelation of Misconduct - The truth about AppLovin's practices emerged on February 26, 2025, when analyst reports indicated that the company was reverse engineering and exploiting advertising data from Meta Platforms [4]. - Reports claimed that AppLovin used manipulative tactics to artificially inflate ad click-through and app download rates, including self-clicking ads and design gimmicks to trigger forced downloads [4]. Group 3: Stock Price Impact - Following the revelation of these practices, AppLovin's stock price fell from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025 [5]. Group 4: Legal Proceedings - The deadline for investors to seek the role of lead plaintiff in the federal securities class action against AppLovin is May 5, 2025 [1][6]. - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [6]. Group 5: Call for Information - Faruqi & Faruqi encourages anyone with information regarding AppLovin's conduct, including whistleblowers and former employees, to contact the firm [7].

In a week of market volatility, the adtech sector was on fire this week after a down week to start April. The recovery is no surprise, as investors got a bit of good news from the Trump administration -- at least relative to what we knew a week ago.According to data provided by S&P Global Market Intelligence, shares of AppLovin (APP -4.81%) were up as much as 19.9%, Reddit (RDDT -1.42%) jumped 17%, and Spotify (SPOT -1.03%) was up 12.7%. The stocks were up 13.9%, 15.1%, and 8.4%, respectively, for the week ...

NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of AppLovin investors who were adversely affected by alleged securities fraud between May 10, 2023 and February 25, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/applovin-corporation-lawsuit ...

Company Overview - AppLovin is an ad tech company that utilizes AI for mobile and connected TV campaigns, and is beta testing a product for e-commerce brands [4] - Datadog is a leader in observability and digital experience monitoring software, providing tools for performance monitoring of critical applications and infrastructure [9] AppLovin Financial Performance - AppLovin reported a 44% increase in revenue to $1.4 billion and a 253% rise in GAAP earnings to $0.49 per diluted share for the fourth quarter [6] - The company’s e-commerce advertising product has reached a billion-dollar run rate within months [6] - Wall Street anticipates a 47% increase in AppLovin's earnings by 2025, making its current valuation of 59 times earnings appear reasonable [8] AppLovin Market Position - AppLovin stock is currently 48% below its record high, with a median target price of $550 per share from analysts, indicating a potential 108% upside from the recent price of $264 [11] Datadog Financial Performance - Datadog's revenue rose 25% to $738 million, with a 10% increase in customers to 30,000 and a more than 10% rise in average spend per existing customer [12] - Non-GAAP net income increased 11% to $0.49 per diluted share, although management's full-year guidance disappointed investors [12] Datadog Market Position - Datadog stock is 44% below its record high, with a median target price of $160 per share from analysts, suggesting a 72% upside from the recent price of $93 [11] - The stock currently trades at 12.4 times sales, significantly lower than its three-year average of 18.6 times sales, presenting a buying opportunity for long-term investors [14] Industry Trends - The demand for observability software is expected to grow as cloud computing and AI technologies increase infrastructure complexity [10] - Datadog is focusing on LLM Observability, which is tailored for large language models and generative AI, indicating a strategic alignment with emerging technology trends [10]

NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ:APP) securities during the period from May 10, 2023, through February 25, 2025 (“the Class Period”). Investors have until May 5, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEAR ...

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][2]. Group 1: Allegations Against AppLovin - Defendants are accused of misrepresenting the company's reliance on fraudulent advertising practices, including "clickjacking" and "click spoofing" [2]. - The complaints allege that AppLovin's advertising and e-commerce program involved intercepting and appropriating advertising attribution credit [2]. - It is claimed that AppLovin employed a backdoor installation scheme to force unwanted apps on customers, leading to inflated revenue figures [2]. - As a result of these practices, statements made by the defendants regarding the company's business, operations, and prospects were deemed materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in AppLovin have until May 5, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm aims to protect investors, consumers, and employees from fraud and negligence by businesses [4].

AppLovin Corporation (APP) and UiPath Inc. (PATH) are two prominent players leveraging artificial intelligence to transform digital operations. AppLovin operates in the mobile ad tech space, using AI to optimize app monetization and user acquisition. UiPath, on the other hand, leads the robotic process automation sector (RPA), applying AI to streamline enterprise workflows.As AI becomes an integral part of modern business software, the key question is: Which of these AI-driven tech stocks presents a more co ...

Core Viewpoint - AppLovin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors regarding its advertising platform and practices [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., covers purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, with a deadline of May 5, 2025, for seeking lead plaintiff status [1][5]. - Allegations include that AppLovin falsely represented its AXON 2.0 digital ad platform and AI technologies as effective tools for matching ads to mobile games, while actually engaging in manipulative practices [3][4]. Group 2: Allegations Against AppLovin - Reports emerged on February 26, 2025, claiming that AppLovin was reverse engineering advertising data from Meta Platforms and using deceptive methods to inflate ad performance metrics [4]. - The lawsuit alleges that AppLovin's practices included forcing unwanted app installations and artificially inflating installation numbers, which misrepresented the company's financial performance [3][4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased AppLovin securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases [6]. - The firm has been recognized for its significant recoveries, including the largest securities class action recovery in history at $7.2 billion in the Enron case [6].