SHAREHOLDER ALERT: ClaimsFiler Reminds Investors Who Suffered Losses Exceeding $100,000 in AppLovin Corporation (Nasdaq: APP) of Lead Plaintiff Deadline in Securities Class Action Lawsuit

AppLovin Shareholder Alert: Claims Filer Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Securities Class Action Lawsuit

San Francisco, CA - The securities litigation law firm of Bernstein Lieblich LLP announces that a securities class action lawsuit has been filed against AppLovin Corporation (NYSE: APP) on behalf of all persons who purchased or acquired AppLovin securities between March 17, 2021 and March 8, 2022. The lawsuit seeks to recover damages for AppLovin shareholders who have suffered losses in excess of $100,000.

The lawsuit claims that AppLovin and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information, including that the company's financial statements were not prepared in accordance with Generally Accepted Accounting Principles ("GAAP"), and that the company's revenue and profitability were not as strong as represented.

On March 8, 2022, AppLovin announced that it would be restating its financial statements for the fiscal years 2020 and 2021, and that it would be delaying the filing of its annual report on Form 10-K. The company's stock price plummeted on this news, causing significant losses for many investors.

If you suffered losses in excess of $100,000 and held AppLovin securities between March 17, 2021 and March 8, 2022, you may be eligible to participate in this action. The deadline to move the court for lead plaintiff is July 11, 2022. You can also contact Bernstein Lieblich LLP to learn more about your rights and options.

Contact: Bernstein Lieblich LLP Phone: (800) 217-6735 Email: info@bernsteinlieblich.com