#United States #New York #The Gross Law Firm #Shareholder Rights #AppLovin

Important Alert for AppLovin Investors

In a significant development for shareholders of AppLovin Corporation (NASDAQ: APP), The Gross Law Firm has issued a notice urging investors to reach out if they purchased shares during the specified class period. The firm highlights the importance of contacting them by May 5, 2025, to discuss potential rights and options available to these shareholders.

Background on the Notice

The notice from The Gross Law Firm comes on the heels of serious allegations surrounding AppLovin's business practices and financial reporting. The firm is addressing shareholders who purchased shares between May 10, 2023, and February 25, 2025. This notice signals an opportunity for affected shareholders to engage in potential class action proceedings.

Allegations Against AppLovin

According to the complaints, there are claims that AppLovin provided misleading information regarding its financial health and operational stability. Specific assertions include the company’s promotion of its AXON 2.0 digital advertising platform. The firm had touted its ability to utilize advanced AI technologies for more effective targeting within mobile gaming advertising. Furthermore, the company projected optimistic financial results and forecasts, while allegedly engaging in deceptive advertising strategies.

The situation escalated when, on February 26, 2025, research reports brought disturbing news to light. These reports indicated that AppLovin was engaged in reverse engineering advertising data from Meta Platforms. Analysts reported manipulative practices that purportedly inflated AppLovin's ad click-through and app download rates, including auto-clicking ads and deceptive design strategies to create false installation metrics. This revelation led to a sharp decline in AppLovin's stock price, from $377.06 on February 25 to $331.00 the following day.

Next Steps for Shareholders

Shareholders who purchased shares within the indicated timeframe are strongly encouraged to act quickly. The Gross Law Firm is facilitating registration for those interested in pursuing their rights in this matter. Once registered, shareholders will gain access to portfolio monitoring tools to keep them updated on the case’s developments.

It’s critical not to delay, as the deadline for seeking lead plaintiff status is May 5, 2025. Importantly, participating in the case comes at no cost or obligation to registered shareholders.

Why Choose The Gross Law Firm?

The Gross Law Firm has established itself as a respected class action legal entity with a dedicated focus on safeguarding the interests of investors who have been adversely affected by deceitful business practices. Their primary goal is to ensure accountability and proper corporate conduct, providing a platform for investors to recover losses incurred from misleading actions.

If you believe you are affected, don't hesitate to reach out to The Gross Law Firm for assistance. Their team is poised to help investors navigate the complexities of this situation, advocating for their rights and securing fair outcomes in class action lawsuits.

Contact Information

For more information, or to discuss your situation, contact The Gross Law Firm:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

This situation underscores the significance of transparency and integrity in corporate practices. As the case develops, shareholders are urged to stay informed and proactive in their engagements.