Hagens Berman has expanded the class period in its securities fraud lawsuit against Roblox Corporation to cover investors who purchased shares between October 31, 2024 and April 30, 2026. The litigation focuses on whether Roblox misled investors about its commitment to child safety and the impact of an age-verification rollout that began in November 2025. On October 30, 2025, the company announced enhanced age verification, causing its stock to drop 16% from $133.74 to $113.00 per share and erasing $13 billion in market value. Then on April 30, 2026, Roblox reported a sharp deceleration in daily active user growth, slashed its 2026 revenue guidance, and cut its bookings growth midpoint from 24% to just 10%, citing continued friction from the age-check rollout. The lead plaintiff deadline is August 7, 2026.
Roblox CorpSecurities fraud lawsuit expanded, alleging misled investors about child safety and age-verification impact, causing stock drop and guidance cut.
