Hagens Berman has expanded the class period in its securities class action against Roblox Corporation, now covering investors who acquired Roblox common stock between October 31, 2024 and April 30, 2026. The litigation focuses on whether Roblox misled investors about its commitment to child safety and the business impact of its age-check verification rollout, which began in November 2025. On October 30, 2025, Roblox announced enhanced age verification would start globally in January 2026, 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, the company reported a sharp deceleration in daily active user growth, cut its 2026 revenue guidance, and slashed its bookings growth midpoint from 24% to just 10%, revealing that only 51% of global DAUs had age checked and that the rollout was reducing organic sign-ups. The lead plaintiff deadline is August 7, 2026.
Roblox CorpSecurities class action alleging misleading statements about child safety and age verification impact, with expanded class period and negative business results.