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AppLovin Corporation (NASDAQ: APP) Securities Fraud Class Action

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CompanyAppLovin Corporation 
CourtUnited States District Court for the Northern District of California
Case Number25-cv-2772
JudgeHonorable Haywood S. Gilliam, Jr.
Class PeriodNovember 7, 2024 through March 27, 2025
Security TypeCommon Stock

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.

Complete this form with your transactions in AppLovin Corporation securities between May 10, 2023, and March 26, 2025.

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