AppLovin Corp Faces Class Action Lawsuit Over Misleading Practices

AppLovin Corp faces a class action lawsuit alleging misleading practices about its digital ad platform's capabilities and AI technologies. Bragar Eagel & Squire is investigating the claims on behalf of long-term stockholders. Affected investors are encouraged to contact the firm to discuss legal options. The lawsuit suggests potential breaches of fiduciary duties by AppLovin's board of directors and could have significant implications for the company's valuation and investor confidence.

AppLovin Corporation (NASDAQ: APP) is facing a class action lawsuit alleging misleading practices related to its digital ad platform's capabilities and AI technologies. The lawsuit, filed on March 5, 2025, with a class period from May 10, 2023 to March 26, 2025, alleges that AppLovin's board of directors breached their fiduciary duties by creating a false impression about the platform's effectiveness.

The complaint, which was investigated by Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, claims that AppLovin exploited advertising data from Meta Platforms and used manipulative practices to artificially inflate ad click-through and app download rates. This resulted in the company's profit figures being inaccurately inflated, the lawsuit alleges. The firm is currently investigating these claims on behalf of long-term stockholders.

On February 26, 2025, analyst research reports emerged, stating that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms. These reports further alleged that AppLovin was using manipulative practices to artificially inflate its ad metrics, leading to a 12% drop in the company's share price following the revelation.

Bragar Eagel & Squire has encouraged affected investors to contact the firm to discuss their legal options. The firm's investigation concerns whether the board of directors of AppLovin have breached their fiduciary duties to the company. The investigation is open to long-term stockholders who purchased or acquired stock in AppLovin between May 10, 2023 and March 26, 2025.

The allegations against AppLovin could have significant implications for the company's valuation and investor confidence. If proven true, these practices could lead to regulatory penalties and further financial losses. Investors are advised to closely monitor the legal proceedings and any potential settlements or judgments that could impact AppLovin's financial health.

References:

[1] https://natlawreview.com/press-releases/applovin-investigation-alert-bragar-eagel-squire-pc-investigating-applovin
[2] https://www.gurufocus.com/news/2995808/applovin-corp-app-faces-class-action-lawsuit-over-alleged-misleading-practices-app-stock-news
[3] https://www.globenewswire.com/news-release/2025/07/22/3119935/0/en/AGCO-ALERT-Bragar-Eagel-Squire-P-C-is-Investigating-AGCO-Corporation-and-Encourages-Investors-to-Contact-the-Firm.html