Friday, 24 March, 2023

App Annie, Co-founder to pay $10M settlement

<p>App Annie, a leading mobile data analytics firm, as well as its co-founder Bertrand Schmitt have been charged with securities fraud by the US Securities and Exchange Commission. They have agreed to pay a $10M settlement for the charges, related to &quot;deceptive practices and making material misrepresentations about how App Annie&rsquo;s alternative data was derived&quot;. The firm has over 1100 corporate clients and over a million users.</p> <p>&nbsp;</p>