Zynex, Inc. (ZYXI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

PR Newswire


BENSALEM, Pa.
, April 24, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Zynex, Inc. (“Zynex” or the “Company”) (NASDAQ: ZYXI).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZYNEX, INC. (ZYXI),
CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MAY 19, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between March 13, 2023 and March 11, 2025, Defendants failed to disclose to investors: (1) that Zynex shipped products, including electrodes, in excess of need; (2) that, as a result of this practice, the Company inflated its revenue; (3) that the Company’s practice of filing false claims drew scrutiny from insurers, including Tricare; (4) that, as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:  
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us: 
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com 

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SOURCE Law Offices of Howard G. Smith

U.S. Firms Embrace AI to Accelerate Digital Engineering

U.S. Firms Embrace AI to Accelerate Digital Engineering

Companies look to GenAI, agentic AI for streamlined product, service development as providers begin to offer early use cases, ISG Provider Lens™ report says

STAMFORD, Conn.–(BUSINESS WIRE)–
Enterprises in the U.S. are applying generative and agentic AI to all aspects of digital engineering, seeking more efficient product development and faster time to market, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

The 2025 ISG Provider Lens™ Digital Engineering Services report for the U.S. finds that companies recognize AI’s potential to streamline engineering tasks, including design, simulation, testing, operations and field services. AI-enabled digital engineering is triggering significant change in a wide range of industries, including chip design, life sciences, consumer products, precision manufacturing and financial services. The U.S. is fertile ground for AI adoption due to its digital maturity and entrepreneurial culture, and there is growing demand for services to support this transition.

“Digital design and engineering can be completely transformed with GenAI,” said Matteo Gallina, ISG digital engineering solutions lead. “Companies in the U.S. are hungry for services to help them realize that potential.”

Successful AI implementations can reduce costs, workforce requirements and development time, ISG says. For example, GenAI can create millions of possible product designs, replacing slow and costly development with rapid processes that reduce time to market. However, enterprises are demanding proven use cases for the technology, which few service providers can offer yet.

Much of the demand for AI services in the U.S. comes from fields where AI integration requires deep industry knowledge, ISG says. For example, in manufacturing processes such as chip lithography, AI could enable companies to identify failures in complex manufacturing equipment. AI models can be quickly trained on an almost unlimited amount of specialized domain knowledge. However, demand for vertical expertise by providers in this area still outstrips supply.

AI is also accelerating research and development and service delivery in pharmaceuticals, healthcare and life sciences, the report says. Agentic AI systems can autonomously analyze vast datasets to identify potential drug candidates and optimize clinical trial designs, reducing costs and bringing new therapies to market more quickly.

AI-powered digital engineering is also helping U.S. enterprises develop and deliver consumer services in collaboration with providers, ISG says. Companies are demanding implementations that comply with regulations and do not increase risk. For example, if a bank uses a GenAI tool to develop a loan approval bot, the bot’s actions need to be explainable, or the bank could be liable to lawsuits over issues such as discrimination. Privacy and data security are also significant concerns.

“AI lets companies reimagine customer experience design to personalize experiences at scale,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Leading service providers can help clients develop AI engineering tools that meet evolving requirements.”

The report also explores other digital engineering trends affecting U.S. enterprises, including the importance of data quality and availability and rising concerns over the energy consumption of AI workloads.

For more insights into the digital engineering challenges faced by U.S. enterprises, including the shift to offering services such as software and the need for a new talent mix to reshore manufacturing, plus ISG’s advice for addressing those challenges, see the ISG Provider Lens™ Focal Points briefing here.

The 2025 ISG Provider Lens™ Digital Engineering Services report for the U.S. evaluates the capabilities of 43 providers across four quadrants: Design & Development (Products, Services and Experiences), Integrated Customer/User Engagement, Intelligent Operations and Platform and Application Services.

The report names Accenture, Capgemini, Cognizant, GlobalLogic, HARMAN, HCLTech, Infosys, LTIMindtree, LTTS, Persistent Systems, TCS and Wipro as Leaders in all four quadrants. It names Cyient, Hexaware and Tech Mahindra as Leaders in three quadrants each. NTT DATA is named as a Leader in one quadrant.

In addition, Apexon is named as a Rising Stars — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in three quadrants. Ascendion is named as a Rising Star in two quadrants. Motherson Technology, NTT DATA and Xorient are named as Rising Stars in one quadrant each.

In the area of customer experience, Persistent Systems is named the global ISG CX Star Performer for 2025 among Digital Engineering Services providers. Persistent Systems earned the highest customer satisfaction scores in ISG’s Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.

Customized versions of the report are available from GlobalLogic, Hexaware and LTTS.

The 2025 ISG Provider Lens™ Digital Engineering Services report for the U.S. is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

About ISG

ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.

Press Contacts:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Julianna Sheridan, Matter Communications for ISG

+1 978 518 4520

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Software Networks Artificial Intelligence Data Management Technology Apps/Applications Mobile/Wireless Other Technology

MEDIA:

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WEX Signs 10-Year Extension with Enterprise Fleet Management

WEX Signs 10-Year Extension with Enterprise Fleet Management

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a 10-year extension of its relationship with global fleet solutions provider, Enterprise Fleet Management, an affiliate of Enterprise Mobility. The agreement extends the decades-long partnership with WEX that dates back to 1993. WEX will continue to deliver fuel cards to Enterprise Fleet Management customers upon signup to help them monitor and control fuel-related activities and expenses.

“WEX’s 32-year partnership with Enterprise demonstrates growth and mutual trust between two industry leaders,” said Brian Fournier, Americas Senior Vice President & General Manager, Mobility, WEX. “As part of the comprehensive solutions that Enterprise Fleet Management provides, they continue to utilize WEX to meet the demands of a changing industry. We greatly value their partnership and are pleased to extend it for the next decade.”

The partnership began in April 1993, by utilizing WEX’s innovative fuel card solutions. Over the decades, Enterprise Mobility has grown into the world’s largest fleet operator. Today, WEX fuel cards power a significant portion of Enterprise Mobility’s operations, including car rental, truck rental, and fleet management.

Enterprise Fleet Management operates a network of more than 60 locations, providing local hands-on account management and supporting a fleet of over 900,000 managed vehicles for companies, government agencies, and other organizations across the United States and Canada.

“Our commitment to delivering world-class service and creating value for our customers through customized fleet strategies is who we are,” said Dain Giesie, Vice President of Business Development, Enterprise Fleet Management. “And as a company that places customers and employees at the center of every decision we make, we are pleased to continue our partnership with WEX, a company with a proven history of the same commitment. Our shared service-oriented culture coupled with a commitment to the future, will undoubtedly pave the way for new and innovative solutions for our clients in the years ahead.”

About WEX

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.

About Enterprise Fleet Management

Enterprise Fleet Management operates a network of more than 60 fully staffed offices in the U.S. and Canada, and, together with its affiliate Enterprise Mobility, are leading providers of mobility solutions. Enterprise Fleet Management offers comprehensive fleet management services for companies, government agencies and organizations with fleets. Dedicated local hands-on account management teams provide personalized fleet solutions, tailored to client’s business priorities, understanding local market dynamics, financial impact, productivity needs, and brand image. Privately held by the Taylor family of St. Louis, Enterprise Mobility manages the Enterprise Rent-A-Car, National Car Rental and Alamo brands with a diverse fleet of more than 2.4 million vehicles through an integrated network of over 9,500 fully staffed neighborhood and airport rental locations in more than 90 countries and territories.

Forward-Looking Statements

This press release contains forward-looking statements including, but not limited to, statements regarding the expected benefits resulting from the Company’s partnership with Enterprise. Any statements in this press release that are not statements of historical facts are forward-looking statements. When used in this press release, the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “positions,” “confidence,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. Forward-looking statements relate to our future plans, objectives, expectations, and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or performance to be materially different from future results or performance expressed or implied by these forward-looking statements, including the ability of the Company and customers to realize the expected benefits of the Company’s partnership with Enterprise; as well as other risks and uncertainties identified in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on February 20, 2025 and subsequent filings with the Securities and Exchange Commission. The forward-looking statements speak only as of the date of this press release and undue reliance should not be placed on these statements. The Company disclaims any obligation to update any forward-looking statements as a result of new information, future events, or otherwise.

Media:

Johnston Farrow, 832-823-3044

[email protected]

Investors:

WEX

Steve Elder, 207-523-7769

[email protected]

KEYWORDS: United States North America Maine

INDUSTRY KEYWORDS: Professional Services Payments Automotive Technology Finance Fintech Fleet Management

MEDIA:

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INVESTOR ALERT: Investigation of TechTarget, Inc. (TTGT) Announced by Holzer & Holzer, LLC

ATLANTA, April 24, 2025 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC is investigating whether TechTarget, Inc. (“TechTarget” or the “Company”) (NASDAQ: TTGT) complied with federal securities laws. On April 18, 2025, TechTarget announced that certain previously issued financial statements of the Informa Tech Digital Businesses of Informa PLC should no longer be relied upon due to certain accounting errors. Following this news, the price of the Company’s stock dropped. 

If you purchased TechTarget stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/techtarget/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]



Essential Utilities Named to USA TODAY’s America’s Climate Leaders 2025 List

Essential Utilities Named to USA TODAY’s America’s Climate Leaders 2025 List

Progress toward goal to 60% reduction in greenhouse gas emissions leads to third straight Climate Leaders honor

BRYN MAWR, Pa.–(BUSINESS WIRE)–Essential Utilities Inc. (NYSE: WTRG) enters the final days of its monthlong Essential Earth Day campaign by announcing that it has been named to USA TODAY’s list of America’s Climate Leaders 2025. This is the third consecutive year Essential, a leading provider of water, wastewater and natural gas services, has received the prestigious award from USA TODAY and Statista, the world-leading statistics portal and industry ranking provider. View the full America’s Climate Leaders 2025 list.

The recognition reinforces Essential’s commitment to protecting and providing essential resources for life, and arrives while the company holds volunteer events around its nine-state service territory for Essential Earth Day. Hundreds of Essential employees are participating in dozens of events to clean up green spaces, plant thousands of trees and flowers, and support key conservation and environmental partners. Essential has also given more than $1 million to partner organizations as part of its Earth Day initiatives.

Essential pairs its charitable initiatives with a steadfast commitment to reduce the environmental impact of its operations. Recognition on the America’s Climate Leaders list is reserved for companies showing a year-over-year reduction in greenhouse gas emissions intensity. On an absolute basis, Essential has achieved a 25 percent reduction through 2023, making strong progress to reducing Scope 1 and 2 emissions 60 percent from a 2019 baseline level.

“Being named one of America’s Climate Leaders for the third straight year validates the efforts made by every member of the Essential team to responsibly provide the natural resources our customers need to thrive,” said Essential chairman and CEO Chris Franklin. “By modernizing natural gas infrastructure, aggressively addressing methane leaks, and investing in renewable energy, Essential Utilities is taking care of our communities for present and future generations.”

Essential’s Scope 1 emissions primarily come from its gas operations, with emissions reductions driven by the replacement of hundreds of miles of aged, leak-prone natural gas infrastructure and accelerated methane leak detection and repair processes. The company’s Long Term Infrastructure Improvement Plan is in the midst of replacing 3,000 miles of aging pipelines with state-of-the-art infrastructure that is less susceptible to corrosion and leaks. Scope 2 emissions reductions are achieved through increased procurement of renewable energy for its water and wastewater treatment and distribution processes.

Visit the Essential website for more information on the company’s sustainability practices.

About Essential

Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across 9 states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S. Learn more at www.essential.co.

WTRGG

Media:

David Kralle

Vice President of Public Affairs

Media Hotline: 1.877.325.3477

[email protected]

Investors:

Brian Dingerdissen

Vice President Financial Planning and Analysis and Treasurer

O: 610.645.1191

[email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Other Energy Utilities Environment Oil/Gas Sustainability Green Technology Energy

MEDIA:

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Ademi & Fruchter LLP Investigates Claims of Securities Fraud against UnitedHealth Group Incorporated

PR Newswire


MILWAUKEE
, April 24, 2025 /PRNewswire/ — Ademi & Fruchter LLP is investigating possible securities fraud claims against UnitedHealth (NYSE: UNH). The investigation results from inaccurate statements UnitedHealth made regarding its business operations and prospects.

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

The investigation focuses on UnitedHealth’s recent revisions to its financial forecast for 2025. UnitedHealth admitted its recent performance was “unusual and unacceptable,” and analysts are calling the revisions “really surprising” and caused by “executional errors.” The investigation covers the period between April 2024 and April 2025.

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi & Fruchter LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com 

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SOURCE Ademi LLP

Westamerica Bancorporation Increases Quarterly Cash Dividend

SAN RAFAEL, Calif., April 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.46 per share, which represents a two cent per share increase from the prior quarter, on common stock outstanding to shareholders of record at the close of business May 5, 2025. The dividend is payable May 16, 2025.

Chairman, President and CEO David Payne stated, “This increase in the quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.”

On April 17, 2025, Westamerica reported $31.0 million in net income for the three months ended March 31, 2025, or $1.16 diluted earnings per common share.

Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.

Westamerica Bancorporation Web Address:
www.westamerica.com

For additional information contact:
Westamerica Bancorporation
1108 Fifth Avenue, San Rafael, CA 94901
Robert A. Thorson – Investor Relations Contact
707-863-6090
[email protected]
 

FORWARD-LOOKING INFORMATION:

The following appears in accordance with the Private Securities Litigation Reform Act of 1995:

This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company’s control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The Company’s most recent reports filed with the Securities and Exchange Commission, including the annual report for the year ended December 31, 2024 filed on Form 10-K and quarterly report for the quarter ended September 30, 2024 filed on Form 10-Q, describe some of these factors, including certain credit, interest rate, operational, liquidity and market risks associated with the Company’s business and operations. Other factors described in these reports include changes in business and economic conditions, competition, fiscal and monetary policies, disintermediation, cyber security risks, legislation including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999, and mergers and acquisitions.

Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.



Kadant to Hold Earnings Conference Call on Wednesday, April 30, 2025

WESTFORD, Mass., April 24, 2025 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced it will release its 2025 first quarter results after the market closes on Tuesday, April 29, 2025 and will hold a webcast the next day, Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time. During the call the Company will discuss its first quarter financial performance and future expectations.

To listen to the live call and view the webcast, go to the “Investors” section of the Company’s website at kadant.com. Participants interested in joining the call’s live question and answer session are required to register by clicking here or selecting the Q&A link on our website to receive a dial-in number and unique PIN. It is recommended that you join the call 10 minutes prior to the start of the event. A replay of the webcast will be available on our website through May 30, 2025. The earnings release and webcast presentation will be posted in the “Investors” section of our website.

About Kadant

Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing®. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 employees in 20 countries worldwide. For more information, visit kadant.com.

Contacts

Investor Contact Information:
Michael McKenney, 978-776-2000
[email protected]

Media Contact Information:
Wes Martz, 269-278-1715
[email protected]



Vornado Announces First Quarter Earnings Release Date and Conference Call Information

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10Q for the quarter ended March 31, 2025 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 5, 2025, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time (ET).

The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 1149171. A live webcast of the conference call will be available on Vornado’s website at www.vno.com in the Investor Relations section and an online playback of the webcast will be available on the website following the conference call.

Vornado Realty Trust is a fully-integrated equity real estate investment trust.

CONTACT

Thomas J. Sanelli

(212) 894-7000

Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as “approximates,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “would,” “may” or other similar expressions in this press release. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2024. Currently, some of the factors are the interest rate fluctuations and effects of inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general.



AppLovin (NASDAQ: APP) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit

PHILADELPHIA, April 24, 2025 (GLOBE NEWSWIRE) — Berger Montague PC advises investors that a securities class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of purchasers of AppLovin securities between May 10, 2023 through March 26, 2025, inclusive (the “Class Period”).

Investor Deadline: Investors who purchased or acquired
AppLovin
securities during the Class Period may, no later than
MAY 5, 2025
, seek to be appointed as a lead plaintiff representative of the class.

To learn your rights,




CLICK HERE




.

Headquartered in Palo Alto, Calif., AppLovin is a developer of a software-based platform for advertisers.

According to the complaint, AppLovin and senior management misled investors regarding AppLovin’s financial growth and stability, raising expectations as to the launch of its AXON 2.0 digital ad platform and the use of “cutting-edge AI technologies” to more efficiently match advertisements to mobile games.

The truth began to emerge on February 26, 2025, when analysts Fuzzy Panda and Culper Research each published reports accusing AppLovin of, among other things, reverse-engineering and exploiting advertising data from Meta Platforms. The reports further alleged that AppLovin was utilizing manipulative practices to artificially inflate their own ad click-through and app download rates, thus presenting false installation numbers and profits.

Following this news, the price of AppLovin’s stock declined from $377.06 per share on February 25, 2025 to $331.00 per share on February 26, 2025 – a decline of $46.06 per share, or 12%.

Then, on March 26, 2025, Muddy Waters Research published a report alleging numerous issues with the Company, including that AppLovin used proprietary third-party data in a manner that violated the terms of service of Facebook, Google, Snap, Reddit, as well as other platforms, potentially leading to backlash and service blocking and threatening the sustainability of AppLovin’s revenue growth.

On this news, the Company’s stock fell $65.92 per share, or 20%, from a close of $327.62 per share on March 26, 2025 to a close of $261.70 per share on March 27, 2025.


To learn your rights or for more information,




CLICK HERE




or please contact Berger Montague: Andrew Abramowitz at




[email protected]




or (215) 875-3015, or Peter Hamner at




[email protected]


.

A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member.

Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

Contact:

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
[email protected]  

Peter Hamner
Berger Montague PC
[email protected]