Important Information for AppLovin Corporation Securities Purchasers: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
New York, NY – April 2, 2025
Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AppLovin Corporation (NASDAQ: APP) between May 10, 2023, and February 25, 2025, both dates inclusive (the “Class Period”), of the important May 5, 2025, lead plaintiff deadline. If you purchased AppLovin securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What is the Class Action Lawsuit About?
The complaint alleges that AppLovin Corporation and certain of its officers and directors made false and/or misleading statements and/or failed to disclose important information during the Class Period. Specifically, the lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose that: (1) AppLovin’s business was not growing as fast as represented; (2) AppLovin’s revenue growth was due in significant part to acquisitions; and (3) AppLovin’s financial statements did not accurately reflect its business and operations.
What Does This Mean for AppLovin Corporation Securities Purchasers?
If you purchased AppLovin securities during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
What Does This Mean for the World?
The impact of this class action lawsuit on the world depends on the outcome of the case. If the allegations are proven true, it could lead to increased scrutiny of other tech companies’ financial reporting practices and potentially result in stricter regulations. Moreover, investors could become more cautious when investing in tech stocks, leading to a potential downturn in the market.
Conclusion
If you purchased AppLovin Corporation securities between May 10, 2023, and February 25, 2025, and believe that you may have been affected by the alleged false and/or misleading statements, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. For more information, please contact Rosen Law Firm at 866-767-3653 or via email at [email protected] or [[email protected]](mailto:[email protected]).
The outcome of this class action lawsuit could have significant implications for the tech industry and the investing community. It is essential for investors to stay informed about such developments and take appropriate action if necessary.
