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Investors with Losses in shares of Roblox Corporation (NYSE: RBLX) should contact the Shareholders Foundation

04-26-2022 03:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Roblox Corporation (NYSE: RBLX) shares over potential wrongdoing at Roblox Corporation

An investigation on behalf of investors in Roblox Corporation (NYSE: RBLX) shares over potential wrongdoing at Roblox Corporation

An investigation was announced for investors in shares of Roblox Corporation (NYSE: RBLX) over potential breaches of fiduciary duties by certain directors at Roblox Corporation.

San Mateo, CA based Roblox Corporation develops and operates an online entertainment platform. Roblox Corporation reported that its annual Total Revenue rose from $923.88 million in 2020 to over $1.91 billion in 2021, and that its net Loss increased from $253.25 million in 2020 to $491.65 million in 2021.

Shares of Roblox Corporation (NYSE: RBLX) declined from $141.60 per share on November 22, 2021, to as low as $33.54 per share on April 22, 2022.

Those who purchased shares of Roblox Corporation (NYSE: RBLX) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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