ATLANTA, GA – – (ACCESSWIRE – June 16, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Digital Turbine, Inc. (“Digital Turbine” or the “Company”) (NASDAQ: APPS).  The lawsuit alleges Digital Turbine made certain false and/or misleading statements and/or failed to disclose material information regarding the Company’s business, operations and prospects, including: (1) that the Company’s recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) that revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) that the Company’s internal control over financial reporting as to revenue recognition was deficient; and (4) that, as a result, the Company’s net revenues were overstated throughout fiscal 2022. If you bought shares of Digital Turbine between August 9, 2021 and May 17, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at  cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com to learn more. The deadline to ask the court to be appointed lead plaintiff in the case is August 5, 2022.

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