Lead Plaintiff Deadline is Approaching - Act Now
AppLovin Corporation® Class Action
Quiero v. AppLovin Corporation et al.
NASDAQ: APP
Class Period : 05/10/2023 - 02/25/2025
Lead Plaintiff Motion Deadline: 5/5/25
Allegations of Fraudulent Advertising Practices
The class action lawsuit against AppLovin Corporation alleges the company misled investors about its enhanced digital ad platform, AXON 2.0, and its supposed cutting-edge AI technologies. Specifically, the lawsuit claims that:
- AppLovin falsely advertised AXON 2.0 as a revolutionary tool for more efficiently matching advertisements with mobile games, expanding into web-based marketing and e-commerce.
- In truth, AppLovin was using manipulative practices, including reverse-engineering data from Meta Platforms and deploying a "backdoor installation scheme" that forced users to install apps, inflating installation numbers and boosting profits unknowingly.
The Truth Revealed
On February 26, 2025, separate reports by Fuzzy Panda and Culper Research exposed the fraudulent practices behind AXON 2.0.
- The Fuzzy Panda report described AXON 2.0 as "a House of Cards" built on deceptive tactics, including stealing data from Meta and violating app store policies.
- The Culper Research report alleged that AppLovin used AXON 2.0 as a smokescreen to hide the real drivers of its mobile gaming and e-commerce growth, pointing to the exploitative practices of forcing silent app installations on users’ phones.
Stock Price Decline
Following the release of this information, AppLovin's stock price plummeted by 12.21%, falling from $377.06 per share on February 25, 2025, to $331 per share on February 26, 2025, on heavy trading volume.
Take Action Now
If you purchased AppLovin stock before February 26, 2025, you may be eligible to participate in this class action lawsuit and seek compensation for your investment losses.
Your Legal Rights as a Shareholder
By joining this lawsuit, you can:
- Pursue potential recovery for financial losses caused by AppLovin's misleading statements and manipulative practices.
- Hold the company accountable for deceptive advertising and data exploitation.
- Take action to protect consumer rights and restore integrity to the market.
Don't Miss Your Opportunity for Justice
Contact legal experts to discuss your case and join the class action before the deadline.
Act now to secure your rights and pursue a fair recovery.
DiCello Levitt Fights to Protect Shareholder Rights
At DiCello Levitt, we are dedicated to representing shareholders harmed by corporate misconduct. Our experienced legal team is committed to holding companies accountable when they mislead investors and cause financial losses. With a proven track record in securities litigation, we understand what it takes to build a strong case and fight for maximum compensation.
If you've suffered losses due to alleged misstatements, we're here to help. Contact us today for a free, confidential case evaluation. Learn about your legal options and determine the potential value of your claim.
All affected investors deserve justice and compensation. Start with a free, private case review today.
The Importance of Joining a Class Action
Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates. Class actions allow injured parties to come together and take on larger adversaries. By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.
If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards. Your participation can make a difference.
To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt. DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.
Find Out if You may be a Member
of the Class
AppLovin Corporation® Class Action
Quiero v. AppLovin Corporation et al.
NASDAQ: APP
Class Period : 05/10/2023 - 02/25/2025
Lead Plaintiff Motion Deadline: 5/5/25
Allegations of Fraudulent Advertising Practices
The class action lawsuit against AppLovin Corporation alleges the company misled investors about its enhanced digital ad platform, AXON 2.0, and its supposed cutting-edge AI technologies. Specifically, the lawsuit claims that:
- AppLovin falsely advertised AXON 2.0 as a revolutionary tool for more efficiently matching advertisements with mobile games, expanding into web-based marketing and e-commerce.
- In truth, AppLovin was using manipulative practices, including reverse-engineering data from Meta Platforms and deploying a "backdoor installation scheme" that forced users to install apps, inflating installation numbers and boosting profits unknowingly.
The Truth Revealed
On February 26, 2025, separate reports by Fuzzy Panda and Culper Research exposed the fraudulent practices behind AXON 2.0.
- The Fuzzy Panda report described AXON 2.0 as "a House of Cards" built on deceptive tactics, including stealing data from Meta and violating app store policies.
- The Culper Research report alleged that AppLovin used AXON 2.0 as a smokescreen to hide the real drivers of its mobile gaming and e-commerce growth, pointing to the exploitative practices of forcing silent app installations on users’ phones.
Stock Price Decline
Following the release of this information, AppLovin's stock price plummeted by 12.21%, falling from $377.06 per share on February 25, 2025, to $331 per share on February 26, 2025, on heavy trading volume.
Take Action Now
If you purchased AppLovin stock before February 26, 2025, you may be eligible to participate in this class action lawsuit and seek compensation for your investment losses.
Your Legal Rights as a Shareholder
By joining this lawsuit, you can:
- Pursue potential recovery for financial losses caused by AppLovin's misleading statements and manipulative practices.
- Hold the company accountable for deceptive advertising and data exploitation.
- Take action to protect consumer rights and restore integrity to the market.
Don't Miss Your Opportunity for Justice
Contact legal experts to discuss your case and join the class action before the deadline.
Act now to secure your rights and pursue a fair recovery.
DiCello Levitt Fights to Protect Shareholder Rights
At DiCello Levitt, we are dedicated to representing shareholders harmed by corporate misconduct. Our experienced legal team is committed to holding companies accountable when they mislead investors and cause financial losses. With a proven track record in securities litigation, we understand what it takes to build a strong case and fight for maximum compensation.
If you've suffered losses due to alleged misstatements, we're here to help. Contact us today for a free, confidential case evaluation. Learn about your legal options and determine the potential value of your claim.
All affected investors deserve justice and compensation. Start with a free, private case review today.
The Importance of Joining a Class Action
Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates. Class actions allow injured parties to come together and take on larger adversaries. By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.
If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards. Your participation can make a difference.
To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt. DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.
100% Free & Secure Case Evaluations
AppLovin Corporation® Investors may have grounds to pursue legal action and financial recovery of damages.
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