NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents inv ...

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of AppLovin Corporation (NASDAQ: APP). Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/applovin-corporation-loss-submission-form/?id=139456&from=3 NEXT STEPS FOR SHA ...

Advertising tech firm AppLovin (APP 4.03%) saw its stock soar over the past year. Shares skyrocketed nearly 300% over the past 12 months. But this hot stock has been on the decline since it peaked in February, when it hit a 52-week high of $525.15. A handful of short-seller reports disparaging the company surfaced in recent weeks, the latest coming out on March 27. As a result, in 2025, shares are down nearly 16% at the time of this writing. Does the price drop create an opportunity to grab shares, or shoul ...

NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AppLovin Corporation (NASDAQ: APP). Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/applovin-corporation-loss-submission-form/?id=139413&from=4 CLASS PERIOD: May 10, ...

Core Viewpoint - A securities class action lawsuit has been filed against AppLovin Corporation for failing to disclose material information, with a deadline for lead plaintiff applications set for May 5, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit involves allegations against AppLovin and certain executives for violating 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 and Impact - Analyst reports have accused AppLovin of engaging in "Ad Fraud" and other questionable practices, including manipulating advertising data from Meta Platforms to inflate ad click-through and app download rates [4]. - Following the news of these allegations, AppLovin's share price dropped from $377.06 on February 25, 2025, to $331.00 on February 26, 2025, reflecting a significant decline [5]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing investors in this case, with a focus on recovering losses due to corporate fraud [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased AppLovin Corporation securities between May 10, 2023, and February 25, 2025, of the May 5, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by May 5, 2025, to serve as lead plaintiff [2] - Investors can join the class action by visiting the provided link or contacting the law firm directly [6] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Background - The lawsuit alleges that defendants provided misleading information regarding AppLovin's financial growth and stability, including confidence in its AXON 2.0 digital ad platform [4] - Defendants reportedly disseminated materially false statements while concealing adverse facts, such as the use of a "backdoor installation scheme" that inflated installation numbers and profitability [5]

Core Viewpoint - AppLovin's stock price dropped significantly after Muddy Waters Research disclosed a short position, resulting in a loss of approximately $20 billion in market value [1] Group 1: Legal and Regulatory Developments - A securities class action lawsuit has been filed against AppLovin, representing investors who purchased shares between May 10, 2023, and February 25, 2025 [2][3] - The lawsuit alleges that AppLovin made false and misleading statements regarding its AXON 2.0 digital advertising platform, which was heavily promoted as a revolutionary product [4] - The lead plaintiff deadline for the class action is set for May 5, 2025 [3] Group 2: Allegations and Criticisms - Muddy Waters' report claims that AppLovin's e-commerce strategy relies heavily on retargeting, with low incrementality, and that it violates third-party platforms' terms of service [4] - Fuzzy Panda Research and Culper Research have raised concerns about AppLovin's ethical practices and the legitimacy of its growth, suggesting that the company misled investors about its platform's capabilities [5][6] - Allegations include exploiting user data, potential bans from app stores, and systematic violations of terms of service through questionable advertising practices [7][8]

Core Viewpoint - AppLovin's CEO Adam Foroughi responded to short-selling allegations from Muddy Waters Research, emphasizing the need for investors to critically evaluate the claims made against the company's AI-driven advertising technology [1][2]. Group 1: Allegations and Responses - Muddy Waters Research accused AppLovin of violating app stores' terms of service by improperly extracting proprietary IDs from major platforms like Meta, Snap, TikTok, Reddit, and Google [2]. - Foroughi argued that the complexity of AppLovin's technology leads to misunderstandings, suggesting that critics simplify the narrative to claim policy violations to explain the company's success [2][3]. - AppLovin's stock experienced a significant drop of 20% before rebounding by nearly 4% the following day [2]. Group 2: Legal and Market Reactions - In response to the short-selling reports, AppLovin engaged Alex Spiro from Quinn Emanuel for an independent review of the allegations, aiming to address misinformation tactics used by short sellers [3]. - Analysts at Loop Capital maintained a buy rating for AppLovin, setting a price target of $650, indicating confidence in the company's performance despite the negative reports [3][4]. - The company believes that accusations regarding faulty conversions and fraud can be easily disproven through discussions with performance marketers and measurement companies [4].

Core Viewpoint - A securities class action lawsuit has been filed against AppLovin Corporation for allegedly misleading investors about its financial growth and stability during the Class Period from May 10, 2023, to February 25, 2025 [1][3]. Company Overview - AppLovin Corporation is headquartered in Palo Alto, California, and develops a software-based platform for advertisers [2]. Allegations - The complaint claims that AppLovin and its senior management misled investors regarding the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies for ad matching [3]. - Reports from analysts Fuzzy Panda and Culper Research accused AppLovin of reverse-engineering and exploiting advertising data from Meta Platforms, as well as using manipulative practices to inflate ad click-through and app download rates [4]. Stock Impact - Following the emergence of these allegations on February 26, 2025, AppLovin's stock price fell from $377.06 per share to $331.00 per share, representing a decline of $46.06 per share or 12% [5].

Core Viewpoint - A class action securities lawsuit has been filed against AppLovin Corporation, alleging securities fraud that affected investors between May 10, 2023, and February 25, 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 click-through and app download rates [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell 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 investors to incur any out-of-pocket costs or fees [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].