Roblox securities suits now cover investors who bought shares from Oct. 31, 2024 to Apr. 30, 2026, with allegations tied to age-verification rollout effects, bookings growth expectations and an Aug. 7, 2026 lead plaintiff deadline.
Hagens Berman said the alleged class period in securities class action litigation involving Roblox Corporation has been expanded to include investors who purchased Roblox common stock between Oct. 31, 2024 and Apr. 30, 2026, while a separate complaint filed May 29, 2026 alleges the company misled investors about bookings growth expectations, the business effects and risks of its age-verification rollout, and its reliance on viral events to support growth. According to the releases, investors began learning more on Oct. 30, 2025, when Roblox announced enhanced age verification would begin rolling out globally in January 2026 and the stock fell 16% from $133.74 to $113.00, erasing about $13 billion in market value. Hagens Berman said Roblox later disclosed on Apr. 30, 2026 a sharp slowdown in daily active user growth, cut 2026 revenue guidance, reduced its 2026 bookings growth midpoint from 24% to 10%, and said only 51% of global DAUs had age checked, while noting lower app store ratings and possible pressure on organic sign-ups.