Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired AppLovin Corporation (“AppLovin”) (NASDAQ: APP) Class A common stock between November 7, 2024 and March 27, 2025, inclusive (the “Class Period”).
The complaints allege that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) AppLovin’s growth in mobile gaming was driven by deceptive practices that Defendants knew would be difficult to scale for any prolonged time period; (2) AppLovin employed a backdoor installation scheme to force unwanted apps on customers; (3) AppLovin’s revenue was falsely inflated; and (4) as a result, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On September 12, 2025, Lead Plaintiffs filed the Amended Complaint. This action is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.