AppLovin Corporation

Palo Alto, United States

AppLovin Corporation is a technology company specializing in mobile app development and advertising, offering marketing solutions and tools to connect app developers with audiences.

CCI Score

-34.60

0.02% April 18

Latest Event

AppLovin Initiates Independent Investigation into Fraud Allegations

On March 28, 2025, AppLovin Corporation announced that it has hired the Quinn Emanuel Urquhart & Sullivan law firm to conduct an independent investigation into short seller allegations that the company was fraudulently inflating its ad performance numbers. The move reportedly follows multiple short seller reports and a Muddy Waters report alleging misappropriation of data and attribution fraud.

Take Action

So what can you do? It's time to make tough choices. Where will you cast your vote?

Shop Alternatives SEE ALL: Edmunds

9to5Google

Reuters
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

TOADIE

AppLovin Corporation is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

MAR

28

2025

AppLovin Initiates Independent Investigation into Fraud Allegations
14.91

On March 28, 2025, AppLovin Corporation announced that it has hired the Quinn Emanuel Urquhart & Sullivan law firm to conduct an independent investigation into short seller allegations that the company was fraudulently inflating its ad performance numbers. The move reportedly follows multiple short seller reports and a Muddy Waters report alleging misappropriation of data and attribution fraud.
+15

Business Practices and Ethical Responsibility

March 28

By engaging an independent law firm to investigate allegations of fraudulent ad performance reporting, AppLovin is taking a proactive step toward addressing potential unethical business practices. This action, aimed at clarifying and rectifying the concerns raised by short sellers and external reports, supports a commitment to transparency and accountability in its business operations, which aligns with ethical business responsibility.

AppLovin Hires Law Firm to Probe Short-Seller Allegations
MAR

18

2025

Class Action Lawsuit Over AI Misrepresentation
-69.40

A class action securities lawsuit has been filed against AppLovin Corporation, alleging that the company misrepresented the capabilities of its AI-powered digital ad platform, AXON 2.0. The suit claims that false claims about AI enhancements and exploitative practices, including a backdoor installation scheme, were used to artificially inflate stock prices.
-70

Business Practices and Ethical Responsibility

March 28

The lawsuit accuses AppLovin of intentionally misleading investors by exaggerating the benefits of its AI-driven ad platform, AXON 2.0. The alleged misrepresentations and exploitative tactics, such as backdoor app installations, compromise corporate transparency and ethical business practices, warranting a strongly negative score in the Business Practices and Ethical Responsibility category.

Class Action Lawsuit Filed Against AppLovin Over AI Misrepresentation
FEB

26

2025

Investigation into Potential Securities Law Violations
-49.30

On February 26, 2025, Berman Tabacco announced an investigation into AppLovin Corp following allegations from short sellers that the company misrepresented the benefits of its AI advertising platform by force-feeding app installations, potentially inflating revenue and misleading investors.
-50

Business Practices and Ethical Responsibility

March 28

The investigation highlights potential securities law violations and unethical business practices by misrepresenting product benefits. Such behavior undermines transparency and accountability, critical components of responsible corporate conduct, which is vital in resisting corporate misconduct that could indirectly lend credibility to authoritarian practices if left unchecked.

AppLovin Corp (APP) Under Investigation for Potential Securities