Security Investigation
Roblox Corporation (NYSE: RBLX)
54 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 7, 2026 to file lead plaintiff applications in a securities class action lawsuit against Roblox Corporation (NYSE: RBLX).
Roblox and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 30, 2026, the Company announced its financial results for the first quarter of fiscal 2026, disclosing cuts to bookings growth guidance down to 8-12% and a corresponding decline to margin expectations due to an age verification rollout that had caused much more significant impacts to engagement and organic growth than management had previously suggested and that age check adoption had only increased to 51% global daily active users, from 45% at the end of the previous quarter.
On this news, the price of Roblox’s shares fell from a closing market price of $55.26 per share on April 30, 2026, to $45.13 per share on May 1, 2026, a decline of about 18.33% in the span of just a single day.
If you purchased securities of Roblox and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Mukherjee v. Roblox Corporation, No. 26-cv-05489.