#Class Action #Kahn Swick #AppLovin

AppLovin Shareholder Alert and Class Action Overview

In a recent announcement, Kahn Swick & Foti, LLC (KSF), a distinguished litigation law firm, along with its partner, Charles C. Foti Jr., former Attorney General of Louisiana, has urged investors who suffered significant losses while investing in AppLovin Corporation (NasdaqGS APP) to take immediate action. Those who experienced losses exceeding $100,000 during the defined class period, which spans from May 10, 2023, to February 25, 2025, are reminded they have until May 5, 2025, to file lead plaintiff applications in a class action lawsuit targeting the company.

This class action is currently before the United States District Court for the Northern District of California. Investors who wish to understand their legal rights or how they may be affected by the ongoing proceedings are encouraged to contact KSF directly, which offers an initial discussion free of charge. Interested parties can reach out to Lewis Kahn, the managing partner of KSF, via phone or email, or visit their official website for more detailed information.

Background of the Lawsuit

The class action stems from allegations against AppLovin and certain of its executives for failing to disclose crucial information that may have impacted investors' decisions during the stated period, thereby violating federal securities laws. The legal case, identified as Quiero v. AppLovin Corporation, et al., No. 25-cv-02294, highlights significant concerns regarding the company's operational practices.

On February 26, 2025, investigative reports surfaced detailing that AppLovin had allegedly engaged in