Berman Tabacco, a national law firm representing investors, announces that it is investigating potential claims on behalf of stockholders of Roblox Corporation (“Roblox” or the “Company”) regarding the Company’s failures to protect its minor users from harm.
About the Investigation
Roblox, a virtual world initially designed for a child audience, claims to provide children with a “safe place to build, give them the requisite tools, and let them play.” However, for many years, prosecutions of alleged child predators included allegations that child predators used Roblox to contact and exploit minors. More recently, several state Attorneys General have initiated civil litigation and criminal investigations against the Company. In addition, purported victims have filed lawsuits against Roblox. These suits may lead to significant penalties against the Company.
Berman Tabacco is investigating whether the Company’s board of directors or senior management breached their fiduciary duties by failing to address serious concerns over the safety of the Company’s predominantly minor user base.
Contact
If you would like more information concerning our investigation, please fill out the form on this page.
About Berman Tabacco
Since 1982, our firm has prosecuted hundreds of securities cases on behalf of investors. The firm and its attorneys have been recognized for their work on behalf of plaintiffs, including by Benchmark Litigation, which ranked the firm as a Top Plaintiffs’ Firm and as Highly Recommended. Chambers USA recognized the firm as a leading securities litigation firm in its Securities Litigation–Mainly Plaintiff category. The Legal 500 has also ranked the firm as recommended in securities litigation. The firm has offices in Boston, Massachusetts and San Francisco, California.
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Berman Tabacco
Quentin J. Morgan, Esq.
One Liberty Square
Boston, Massachusetts
(800) 516-9926
Email: law@bermantabacco.com