Roblox Corporation Lawsuit Submission Form

Company: Roblox Corporation

Ticker: (NYSE) RBLX

Deadline

Passed

Lead Plaintiff Deadline: January 26, 2024

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Allegations

The filed complaint alleges that Roblox Corporation made materially false and/or misleading statements and/or failed to disclose 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.