Thursday, September 23, 2021
HomeBusinessApp Annie Settles SEC Fraud Investigation Over Mobile-Data Product

App Annie Settles SEC Fraud Investigation Over Mobile-Data Product


WASHINGTON—An organization that collects and sells mobile-app utilization statistics agreed to pay $10 million to settle a fraud investigation over the way it disclosed its information practices to buying and selling purchasers.

The Securities and Alternate Fee mentioned Tuesday the enforcement motion was the primary in opposition to a supplier of different information utilized by traders to make buying and selling selections. Various information describes a variety of knowledge that may assist traders mannequin the long run efficiency of an organization, together with client transactions, social-media exercise and web search exercise.



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