An investigation for investors in Roblox Corporation (NYSE:RBLX) shares over potential securities laws violations by Roblox Corporation was announced.
San Diego, CA -- (SBWIRE) -- 05/17/2022 -- An investigation was announced over potential securities laws violations by Roblox Corporation in connection with certain financial statements.
Shares of Roblox Corporation (NYSE: RBLX) declined to as low as $21.65 per share on May 10, 2022.
Investors who purchased shares of Roblox Corporation (NYSE: RBLX), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Roblox Corporation (NYSE: RBLX) concerning whether a series of statements by Roblox Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
Shares of Roblox Corporation (NYSE: RBLX) declined from $141.60 per share on November 22, 2021, to as low as $21.65 per share on May 10, 2022.
Those who purchased shares of Roblox Corporation (NYSE: RBLX) have certain options and should contact the Shareholders Foundation.
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