A research firm shorts Roblox because the game company is allegedly misleading investors, lying about user numbers, and facilitating illicit behavior with minors. Roblox denies the accusations.
On Tuesday, Roblox—the gaming platform popular with Gen Z and Gen Alpha—saw its stock take a dive. Roblox stock fell 9.4% in early trading, even as it’s already dropped by 15% this year. As of midday ...
Louisiana Attorney General Liz Murrill has filed a lawsuit in district court against the gaming platform Roblox. Roblox has failed to implement basic safety controls to protect its predominantly young ...
FIRST ON FOX: Louisiana’s attorney general brought a lawsuit Thursday against Roblox, alleging the widely-used online gaming platform is rife with child predators and harmful content. State Attorney ...
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The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...