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Roblox Corporation

RBLX

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
January 26, 2024

Days Left:
-139

calendar

Roblox Corporation Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Roblox platform had insufficient content controls and lacked user spending restrictions; (2) these inadequate controls enabled younger Roblox users to play games with inappropriate content and make excessive, unauthorized Robux purchases; (3) a material portion of Roblox’s bookings and revenue growth was due to these excessive, unauthorized Robux purchases; (4) fourth quarter 2021 and 2022 bookings would be negatively impacted by Roblox’s planned rollout of enhanced parental controls; and (5) based on the foregoing, the Company’s bookings and revenue growth was unsustainable throughout the class period.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Roblox purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Roblox during the relevant time frame, you have until January 26, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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