APP INVESTOR NOTICE: AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Core Viewpoint - The 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][4]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., includes purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, and the deadline to seek lead plaintiff status is May 5, 2025 [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, leading to a significant drop in share price by over 12% [4]. - The lawsuit claims that AppLovin's practices included forcing unwanted app installations and artificially inflating installation numbers, which misrepresented the company's financial health [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 their own legal representation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Group 4: About Robbins Geller - 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, making it a leader in the field [6]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to$7.2 billion in the Enron case [6].