AppLovin Corporation Investors Urged to Take Action Against Potential Securities Violations

SHAREHOLDER ALERT: Berger Montague Reminds AppLovin Corporation (Nasdaq: APP) Investors of Class Action Lawsuit Deadline

Philadelphia, PA - Berger Montague, a leading national law firm, reminds investors of AppLovin Corporation (Nasdaq: APP) of the upcoming deadline to file a motion to serve as lead plaintiff in the class action lawsuit filed on behalf of all persons who purchased or acquired AppLovin securities between December 13, 2021 and March 14, 2023.

The lawsuit, which is pending in the United States District Court for the Northern District of California, alleges that AppLovin and certain of its officers and directors made false and misleading statements to the market and concealed the true nature of its business and financial condition.

Specifically, the complaint alleges that throughout the Class Period, defendants made false and misleading statements about AppLovin's business and financial prospects, including by touting its growth and financial performance, and failing to disclose material information about its business, including its reliance on a single major customer.

As a result of these false and misleading statements, AppLovin's stock price rose significantly during the Class Period, reaching as high as $36.50 per share on March 14, 2023. However, on March 15, 2023, the truth about AppLovin's business and financial condition was revealed, causing the stock price to plummet to as low as $12.75 per share.

The lawsuit seeks to recover damages on behalf of all AppLovin investors who purchased or acquired the company's securities during the Class Period. If you are a current or former AppLovin investor and wish to learn more about the lawsuit and your potential rights, please visit our website or contact us at [insert contact information].

The Berger Montague class action lawsuit team is dedicated to protecting the interests of investors and ensuring that those who have been harmed by corporate wrongdoing are fairly compensated. If you have any questions or concerns, please do not hesitate to contact us.