Thu Mar 06 21:50:00 UTC 2025: **FOR IMMEDIATE RELEASE**

**Law Firm Investigates AppLovin Corporation Following Allegations of Ad Fraud and Data Misuse**

**NEW YORK, March 6, 2025** – Wolf Haldenstein Adler Freeman & Herz LLP announced today that it is investigating potential securities fraud claims against AppLovin Corporation (NASDAQ: APP) following the release of a report alleging widespread ad fraud, data theft, and violations of children’s online privacy.

The investigation stems from a February 26, 2025 report by Fuzzy Panda Research, which alleges that AppLovin engaged in ad fraud, including abnormally high click-through rates (30-40%, ten times the industry norm), stealing data from Meta, and illegally tracking children’s activity, even when tracking is disabled. The report further claims that AppLovin served sexually explicit ads to minors.

Following the release of the report, AppLovin’s stock price dropped over 12%, closing at $331.00 per share on February 26th, down from $377.06 the previous day.

Wolf Haldenstein, a national shareholder rights litigation firm, is urging investors who may have suffered losses to contact them. The firm has extensive experience in securities class action litigation and is investigating whether AppLovin and its officers and directors made misleading statements or omissions that violated securities laws.

Investors who wish to learn more about their rights and potential involvement in this investigation are encouraged to contact Wolf Haldenstein at (800) 575-0735 or [email protected]

**About Wolf Haldenstein Adler Freeman & Herz LLP:**

Wolf Haldenstein Adler Freeman & Herz LLP is a prominent national law firm specializing in shareholder rights litigation. The firm has offices in New York, Chicago, Nashville, and San Diego.

**Contact:**

Gregory Stone, Director of Case and Financial Analysis
[email protected]
(800) 575-0735 or (212) 545-4774

***

**Note:** This press release may be considered Attorney Advertising in some jurisdictions.

Read More