Applovin Corp Securities Lawsuit Investigation

Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in securities fraud cases, is investigating potential claims against Applovin Corp (APP).

If you purchased or held Applovin Corp securities between May 10, 2023 and February 25, 2025, you may be eligible to join this lawsuit and seek compensation for your losses.

About Applovin Corp

Applovin Corp is a technology company based in Palo Alto, California. Founded in 2012, Applovin develops software and artificial intelligence solutions designed to help businesses of all sizes reach, monetize, and grow their global audiences. The company offers end-to-end platforms for advertisers, with a particular focus on mobile and web-based marketing.

With a workforce of over 700 employees, Applovin is publicly traded on the NASDAQ under the ticker symbol APP. Applovin’s stated mission is to connect businesses to their ideal customers through innovative technology.

The Allegations

The lawsuit alleges that Applovin Corp and certain executives made materially false and misleading statements about the company’s AXON 2.0 digital ad platform and AI technologies. It is claimed that Applovin misrepresented the capabilities and success of these technologies, while concealing manipulative advertising practices.

Applovin allegedly:

• Reverse engineered and exploited Meta Platforms’ advertising data.
• Used manipulative practices to artificially inflate ad click-through and app download rates, including having ads click on themselves and triggering forced app installations through a “backdoor installation scheme.”
• Inflated installation numbers and profit figures by exploiting these tactics.

These alleged actions are said to have misled investors about the company’s true financial health and growth prospects. The truth reportedly came to light on February 26, 2025, when research reports revealed these practices. As a result, Applovin’s stock price dropped sharply from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025, representing a 12% decline.

Important Dates

• Class period: May 10, 2023 to February 25, 2025
• Class Action Complaint filed: March 05, 2025

If you purchased or held Applovin Corp securities during the class period, these dates are critical for preserving your legal rights.

Your Rights and Next Steps

If you invested in Applovin Corp between May 10, 2023 and February 25, 2025 and suffered financial losses, you have the right to seek recovery as part of this securities lawsuit. The lawsuit is currently pending in the United States District Court for the Northern District of California.

Lawyers are ready to help guide you through the process, answer your questions, and ensure your rights are protected.

You May Be Entitled to Compensation

If you purchased or held Applovin Corp securities during the class period and experienced losses, you may be eligible to recover damages. To find out if you qualify and to take the next step, complete the below form to join the lawsuit.

This is your opportunity to seek compensation and hold the company accountable for any alleged misconduct.