Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS AGAINST OFFICERS AND DIRECTORS OF APPLOVIN CORPORATION (NASDAQ: APP)

Grabar Law Office is investigating claims on behalf of shareholders of AppLovin Corporation (NASDAQ: APP). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.

If you are a current AppLovin shareholder who purchased AppLovin shares prior to May 10, 2023, you may be able to seek corporate reforms, the return of money back to the company, and a court approved incentive award at no cost to you whatsoever. Please contact Joshua Grabar at [email protected] or call us at 267-507-6085

WHY? A recently filed securities class action complaint alleges that AppLovin Corporation (NASDAQ: APP), via certain of its officers, provided investors with materially false or misleading information concerning AppLovin’s financial growth and stability. These allegedly fraudulent statements included, among other things, confidence in AppLovin’s launch of its AXON 2.0 digital ad platform and using “cutting-edge AI technologies” to more efficiently match advertisements to mobile games, in addition to expanding into web-based marketing and e-commerce. The underlying securities fraud complaint alleges that Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts related to AppLovin’s manipulative practices to force unwanted apps on customers using a “backdoor installation scheme” which inaccurately inflated installation numbers, and, in turn its profitability, and that such statements absent these material facts caused Plaintiff and other shareholders to purchase AppLovin’s securities at artificially inflated prices.

WHAT YOU CAN DO NOW: If you purchased AppLovin (NASDAQ: APP) prior to May 10, 2023 and still hold shares today, you are encouraged to contact Joshua Grabar at [email protected], or call 267-507-6085. You may be able to seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.

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Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS AGAINST OFFICERS AND DIRECTORS OF APPLOVIN CORPORATION (NASDAQ: APP)

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