Law firm notices say the proposed case now covers investors who bought Roblox shares from Oct. 31, 2024 to Apr. 30, 2026, focusing on child-safety statements, bookings growth and the impact of age verification tools.
Roblox Corporation, CEO David Baszucki, CFO Naveen Chopra and former CFO Michael Guthrie are accused in a proposed securities class action of making false or misleading statements about platform safety for children, bookings growth expectations and the financial effects of an age-verification rollout. Notices from Grant & Eisenhofer and Hagens Berman say the expanded proposed class period runs from October 31, 2024 through April 30, 2026, with lead plaintiff motions due by August 7, 2026. The filings cite Roblox’s October 30, 2025 disclosure that it would roll out enhanced age verification globally beginning in January 2026, after which the stock fell 16%, and the company’s April 30, 2026 disclosure of weaker user growth and sharply reduced 2026 outlook, after which the stock fell 18.33% on May 1, 2026.