Investigation for Investors in NYSE:RBLX Shares over Possible Breaches of Fiduciary Duties by Certain Directors of Roblox Corporation

An investigation on behalf of investors in Roblox Corporation (NYSE:RBLX) shares over potential wrongdoing at Roblox Corporation was announced.


San Diego, CA -- (SBWire) -- 04/11/2022 --Certain directors of Roblox Corporation are under investigation over potential breaches of fiduciary duties.

San Mateo, CA based Roblox Corporation develops and operates an online entertainment platform. Roblox Corporation reported that its annual Total Revenue rose from $923.88 million in 2020 to over $1.91 billion in 2021, and that its net Loss increased from $253.25 million in 2020 to $491.65 million in 2021.

On February 3, 2022, market analyst The Bear Cave published a report regarding Roblox entitled "Problems at Roblox (RBLX)".

Shares of Roblox Corporation (NYSE: RBLX) declined from $141.60 per share on November 22, 2021, to as low as $41.15 per share on March 7, 2021.

Those who purchased shares of Roblox Corporation (NYSE: RBLX) have certain options and should contact the Shareholders Foundation.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Relations Contact

Michael Daniels
Shareholders Foundation

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