1. Roblox Corporation is under legal investigation by Schall Law Firm. 2. Investigation concerns misleading statements affecting investor information. 3. Louisiana lawsuit claims Roblox fails to protect children on its platform. 4. Roblox shares dropped over 6.3% following the lawsuit announcement. 5. Attorney General warns of potential harm from Roblox's safety protocols.
The ongoing investigation and lawsuit can harm reputation and investor confidence, leading to stock price declines, as evidenced by the recent 6.3% drop post-announcement.
The legal issues and public safety concerns can significantly influence investor sentiment and stock performance, especially given the recent price drop.
Immediate investor reactions and legal challenges may affect the stock price in the short term. However, long-term repercussions depend on the lawsuit outcomes and operational changes.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Roblox Corporation ("Roblox" or "the Company") (NYSE: RBLX) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Roblox is the subject of a lawsuit filed by the State of Louisiana which alleges the Company fails to protect children from predators on its gaming platform. Louisiana Attorney General Liz Murrill said, "Due to Roblox's lack of safety protocols, it endangers the safety of the children of Louisiana. Roblox is overrun with harmful content and child predators because it prioritizes user growth, revenue, and profits over child safety. Every parent should be aware of the clear and present danger poised to their children by Roblox so they can prevent the unthinkable from ever happening in their own home." Based on this news, shares of Roblox fell by more than 6.3% on August 15, 2025.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250817644842/en/
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com