RBLX - NYSE: RBLX: Kessler Topaz Meltzer & Check LLP Announces the Filing of a Securities Class Action Lawsuit Against Roblox Corporation | Benzinga
RADNOR, Pa., June 18, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Roblox Corporation ("Roblox") (NYSE:RBLX). The action charges Roblox with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Roblox's materially misleading statements and omissions to the public, Roblox's investors have suffered significant losses. The lead plaintiff deadline is August 12, 2024.
If you suffered Roblox losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/roblox-corporation?utm_source=PR&utm_medium=link&utm_campaign=rblx&mktm=r
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You can also contact attorney Jonathan Naji, Esq. of Kessler Topaz by calling (484) 270-1453 or by email at info@ktmc.com.
DEFENDANTS' ALLEGED MISCONDUCT
In November 2023, Roblox provided investors with material information concerning the company's expected revenue for the first quarter of 2024 and fiscal year 2024. This was the first time Roblox offered earnings and revenue guidance to its investors since the company went public in 2021. Roblox's ...