Important Information for Investors: Securities Class Action Lawsuit against AppLovin Corporation
On April 7, 2025, Kahn Swick & Foti, LLC (“KSF”) and its partner, former Attorney General of Louisiana, Charles C. Foti, Jr., issued a reminder to investors regarding a securities class action lawsuit against AppLovin Corporation (NasdaqGS: APP). The lawsuit alleges that AppLovin Corporation and certain of its executives violated federal securities laws by making false and misleading statements to the public during the period from May 10, 2023, to February 25, 2025, inclusive (the “Class Period”).
Background on AppLovin Corporation
AppLovin Corporation is a leading mobile app marketing and attribution platform that connects advertisers with their desired audiences in mobile apps. The Company’s platform provides marketers with tools to analyze, optimize, and engage users across various mobile apps and advertising channels.
The Class Action Lawsuit
The securities class action lawsuit alleges that AppLovin Corporation and its executives made false and misleading statements regarding the Company’s financial condition and business prospects. Specifically, the complaint alleges that the defendants failed to disclose that the Company was experiencing significant growth deceleration, declining user engagement, and increasing competition in the mobile app marketing industry.
Effects on Individual Investors
If you purchased or acquired AppLovin Corporation securities during the Class Period, you may be entitled to recover your losses, including damages. To be eligible to recover damages, you must file a lead plaintiff application with the Court no later than May 5, 2025. KSF encourages investors to contact the Firm as soon as possible to discuss their potential role in this litigation.
- If you purchased or acquired AppLovin Corporation securities during the Class Period and have not yet filed a claim, contact KSF (
- If you wish to serve as a lead plaintiff, you must meet certain legal requirements. KSF can help determine if you are eligible to serve as a lead plaintiff, or if your holdings meet the required minimum for participation in the lawsuit.
Effects on the World
The securities class action lawsuit against AppLovin Corporation is significant because it highlights the importance of transparency and accuracy in financial reporting. When companies fail to provide accurate information to investors, it can lead to market volatility and potential losses for individual investors. As such, securities class action lawsuits serve an important role in holding corporations accountable for their actions and ensuring that investors are informed about the companies they invest in.
Conclusion
If you purchased or acquired AppLovin Corporation securities during the Class Period and have not yet filed a claim, we encourage you to contact KSF as soon as possible to discuss your potential role in this litigation. The deadline to file a lead plaintiff application is May 5, 2025. For more information, visit
This blog post is for informational purposes only and does not constitute legal advice. The information provided in this post may not be up-to-date or accurate. Please consult with a qualified legal professional for advice regarding your specific situation.
KSF is a partnership between Kahn Swick & Foti, LLC and Foti & Perzus, LLP. KSF has significant experience in securities class action litigation and substantial resources to investigate and prosecute securities fraud cases.
