Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of AppLovin Corporation securities between May 10, 2023, and February 25, 2025, due to alleged misleading statements regarding the company's financial growth and stability [1][5]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin's defendants provided materially false and misleading information about the company's financial performance and growth prospects, including the launch of its AXON 2.0 digital ad platform and the use of AI technologies [5][6]. - Allegations include that AppLovin engaged in dishonest advertising practices and forced unwanted apps on customers through a "backdoor installation scheme," which inflated installation numbers and profitability [6]. Group 2: Participation Information - Investors who purchased AppLovin securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][7].
APP Investors Have Opportunity to Lead AppLovin Corporation Securities Fraud Lawsuit