APP INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Core Viewpoint - AppLovin Corporation is facing a class action lawsuit for allegedly misleading investors about its advertising practices and financial performance during the specified class period from May 10, 2023, to February 25, 2025 [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, alleges that AppLovin and its executives violated the Securities Exchange Act of 1934 [1]. - Investors who purchased AppLovin securities during the class period have until May 5, 2025, to seek appointment as lead plaintiff [1][5]. - The lawsuit claims that AppLovin misrepresented the effectiveness of its AXON 2.0 digital ad platform and its AI technologies, leading to inflated installation and profit figures [3][4]. Group 2: Allegations Against AppLovin - The lawsuit alleges that AppLovin engaged in manipulative practices, including exploiting advertising data from Meta Platforms and using a "backdoor installation scheme" to inflate installation numbers [3][4]. - Following the emergence of analyst reports on February 26, 2025, which detailed these manipulative practices, AppLovin's share price dropped by over 12% [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired AppLovin securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's 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 [6]. - The firm has been recognized for its significant recoveries, including the largest securities class action recovery in history, amounting to$7.2 billion in the Enron case [6].