Kuznicki Law PLLC notifies investors that a class action has commenced in the United States District Court for the Western District of Pennsylvania on behalf of shareholders of Duolingo, Inc. who purchased shares between May 2, 2025 and February 26, 2026.
According to the Complaint, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.
Specifically, the lawsuit alleges that Defendants failed to disclose to investors that: (i) Duolingo was deliberately adding friction to the user experience, through sharply increased ad volume, upselling of subscription tiers, and declining product quality, which Defendants knew would drive users away from the app and ultimately slow Daily Active User (“DAU”) growth; (ii) Duolingo’s extensive A/B testing showed Defendants that added friction in the free user experience was hurting DAU growth; (iii) Duolingo’s rapidly produced AI content was degrading its product offerings, harming the user experience and user trends, and putting the sustainability of Duolingo’s financial performance at risk; and (iv) rather than fueling sustained growth and strong user momentum through content and “product improvements” that “get improved retention,” Duolingo’s monetization push and lower-quality AI content were, as its ongoing A/B testing revealed, eroding both the product experience and the value of its subscription tiers.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until December 7, 2026 to request that the court appoint them lead plaintiff.