APP 3-DAY DEADLINE ALERT: AppLovin Corporation Investors with Substantial Losses Encouraged to Contact Hagens Berman, Securities Class Action Pending

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SAN FRANCISCO, Nov. 13, 2026 /PRNewswire/ -- Hagens Berman, a leading securities litigation law firm, is actively investigating alleged federal securities law violations by…

SAN FRANCISCO, Nov. 13, 2026 /PRNewswire/ -- Hagens Berman, a leading securities litigation law firm, is actively investigating alleged federal securities law violations by AppLovin Corporation (NASDAQ: APP) in a pending securities class action. The suit alleges AppLovin executive leadership issued materially false or misleading statements regarding the readiness, integration, and adoption of its artificial intelligence (AI) models and self-service ad tools.

Investors who suffered substantial financial losses in AppLovin (NASDAQ: APP) securities are encouraged to contact Hagens Berman attorneys directly.

Class Period: Feb. 12, 2026 – Aug. 5, 2026Lead Plaintiff Deadline: Nov. 16, 2026Visit: www.hbsslaw.com/app Direct Contact Email: [email protected] Firm Telephone: 844-916-0895Video: https://youtu.be/c5nqdaiWylsBlog: www.hbsslaw.com/blog/ai-vaporware-applovin-corporation-app

AppLovin operates software platform solutions designed to optimize mobile advertising through algorithmic ad matching. Throughout early 2026, AppLovin repeatedly touted the strength and expansion of its proprietary AI engine—specifically highlighting continuous model improvements and expanding self-service capabilities for e-commerce advertisers—as primary long-term revenue drivers.

In response to these revelations, AppLovin's stock price plummeted 19.6% on August 6, 2026, wiping out billions in market value.

Hagens Berman's investigation focuses on the pending suit's claim that AppLovin leadership knew of severe technical bottlenecks and developmental delays in its generative AI video tools prior to August 2026, while continuing to present an overly optimistic trajectory of uninterrupted AI model performance.

"We are investigating whether AppLovin misled investors by overstating the commercial readiness and performance of its generative AI tools while concealing significant technical bottlenecks that ultimately dragged down revenue," said Reed Kathrein, a Hagens Berman partner.

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