{"success":true,"data":{"pressRelease":{"id":"72594","rtpr_id":"nGNXbnTztr","ticker":"RBLX","exchange":"NYSE","all_tickers":["RBLX"],"title":"Hagens Berman Alerts Roblox Corporation (RBLX) Investors to Securities Class Action Amid Surprise Age Verification Impact, $6.7 Billion Market Cap Wipe Out","author":"Globe Newswire","published_at":"2026-06-24T23:03:53.100Z","article_body":"SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Roblox Corporation (NYSE:\nRBLX) faces a securities class action lawsuit after its April 30, 2026 Q1 2026\nreport indicating a surprisingly large sequential decline in daily active\nusers (“DAUs”) tempered by its age-check rollout. The news drove the price\nof Roblox shares down $10.13 (-18%) the next trading day and erased over $6.7\nbillion from the company’s market capitalization.\n\nThe lawsuit seeks to represent investors who purchased or otherwise acquired\nRoblox common stock between October 30, 2025 and April 30, 2026.\n\nNational shareholder rights firm Hagens Berman is investigating the legal\nclaims that Roblox and its co-defendants violated the federal securities laws.\nThe firm encourages Roblox investors who suffered substantial losses to submit\nyour losses now\n(https://www.globenewswire.com/Tracker?data=HnnaTTmjZJbIi0Zu1PXZ_lnmJf67EeIqFQNhlTUSBUXkL-oAeh-fOEWJDSjFRBvG4QUrp-Y2AVpStYyn5JrVrCNxSJoJUAjqN3BaRENRgp9U5omvnAOsM82eSReA_AFh).\n\nClass Period: Oct. 30, 2025 – Apr. 30, 2026\nLead Plaintiff Deadline: Aug. 7, 2026 \nVisit: www.hbsslaw.com/investor-fraud/rblx \nContact the Firm Now: RBLX@hbsslaw.com \n                                        844-916-0895\n\nRoblox Corporation (RBLX) Securities Class Action:\n\nThe primary focus of the litigation is on the propriety of Roblox’s\ndisclosures about the impact on its business and prospects of the age-check\nverification rollout aimed at increasing safety within certain social features\non its platform. The rollout began in November 2025.\n\nThroughout the Class Period, Roblox has characterized its rollout as the\n“gold standard” intended to be implemented with “no friction.” The\ncompany has also touted its high year-over-year DAU growth and related revenue\nand bookings growth.\n\nAs recently as February 5, 2026, during Roblox’s Q4 2025 earnings call, CEO\nDavid Baszucki responded to an analyst’s question about additional detail\nabout the age-check rollout, assuring investors that “[w]e’re very excited\nand proud of the way our age verification rollout has gone” and “we found\nso many other opportunities for optimization that I’m very pleased and happy\nabout the way the rollout has gone.”\n\nThe complaint alleges that Roblox made false and misleading statements while\nfailing to disclose important information to investors about the true state of\nthe company’s growth potential. More specifically, the complaint alleges\nthat Roblox would see significant growth slowdown as enrollments in its\nage-check rollout would quickly taper, compounding the resulting slowdown in\non-line platform communication and resulting in app store rating reductions\nand a swift reduction in organic growth.\n\nThe truth entered the market on April 30, 2026. That day, Roblox reported its\nQ1 2026 financial results, revealed a steep deceleration in year-over-year and\nsequential DAU growth, slashed its 2026 revenue guidance (reflecting ongoing\nshrinkage in DAU growth), and severely cut its 2026 bookings growth midpoint\nfrom 24% to just 10%.\n\nThe company blamed its adverse situation on just 51% of Roblox global DAUs\nhaving age checked and further revealed that “as a result of age check […]\nwe have seen a reduction in app store ratings, and we believe this may be\ncontributing to a reduction in organic sign-ups that typically flow from app\nstores.” Roblox also said its lowered prospects are the result of\n“continued friction” resulting from the age-check rollout.\n\n“We’re focused on when Roblox and its management knew of the adverse\nconsequences of the age-check rollout and whether they intentionally misled\ninvestors,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=LMcWszaSI5o7bLVsAhw_i3LbV-5wuuqDrOBkkmqx8jS0CThJQg5yNDeYAGSNujjQ-4iGcriVMQBmMX0GJ_WUn_rOn_N8RDRrLTd-1Q7nrAbgU3XYCFUItn0DPQ5sYOkA),\nthe Hagens Berman partner leading the firm’s investigation.\n\nIf you invested in Roblox and have substantial losses, or have knowledge that\nwill assist the firm’s investigation, submit your losses now.\n(https://www.globenewswire.com/Tracker?data=HnnaTTmjZJbIi0Zu1PXZ_lnmJf67EeIqFQNhlTUSBUV49djM1yIxXNciLMXI1782SrKMpyDzz4cSIDoTNY3-3CAJmSsOrCr8qNDLgKBvZEYSUg9zrfeQgB-SbVFVApSp)\n\nIf you’d like more information and answers to other frequently asked\nquestions about the Roblox case and the firm’s investigation, read more\n(https://www.globenewswire.com/Tracker?data=pT3kBXgCxAUW6Z6MJLLQe-oPPyTY7M2TgtUNSEKakd2fyC9_qNkbYKRjmz2tV9Z_faZhEhHOFbHB81K0vfHt7kB7Tsdhk-4mfpssa2fndce79t-XWbEgHFFNgoBfugLLse03gwzo70DBUnBis7mwhZZeJGP4WGuhFQlPPVjK5ZI=).\n(https://www.globenewswire.com/Tracker?data=7DeugWjbAzAJblW42PJU9W13dw7LeUsoT8vts9c9haBg7w5vR0fj8A7FPyAZkCCIQvB0tbMFamjkzAZ5lwZ8-VN_PRZO7cEzk730M5IeF6t2qheuRwCRGrbjxngD33_xnITRIewPDxcSdNEjFKjOYA==)\n\nWhistleblowers: Persons with non-public information regarding Roblox should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email RBLX@hbsslaw.com .\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=Ttiec3PqxFbJxkfF1v9cv1w6qAXcb6hYqo_lfjG-zt73fF-BTD6LtYEQRdhEyTJDY3Erj22EZ0IdLLQIfrMfwuvc8wSF3VxQ4tQHwBIOi-o=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=Qe14xbv0v1ikVGRUhr60StwZo-gP6LEieZV5HRmZXSLqVITbA8WvDQ6cmnESDEF0QF4uzbiYrOTd3GnztV_ixw==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nContact: \nReed Kathrein, 844-916-0895\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbnTztr","title":"Hagens Berman Alerts Roblox Corporation (RBLX) Investors to Securities Class Action Amid Surprise Age Verification Impact, $6.7 Billion Market Cap Wipe Out","author":"Globe Newswire","ticker":"RBLX","created":"2026-06-24T23:03:53.100Z","tickers":["RBLX"],"exchange":"NYSE","article_body":"SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Roblox Corporation (NYSE:\nRBLX) faces a securities class action lawsuit after its April 30, 2026 Q1 2026\nreport indicating a surprisingly large sequential decline in daily active\nusers (“DAUs”) tempered by its age-check rollout. The news drove the price\nof Roblox shares down $10.13 (-18%) the next trading day and erased over $6.7\nbillion from the company’s market capitalization.\n\nThe lawsuit seeks to represent investors who purchased or otherwise acquired\nRoblox common stock between October 30, 2025 and April 30, 2026.\n\nNational shareholder rights firm Hagens Berman is investigating the legal\nclaims that Roblox and its co-defendants violated the federal securities laws.\nThe firm encourages Roblox investors who suffered substantial losses to submit\nyour losses now\n(https://www.globenewswire.com/Tracker?data=HnnaTTmjZJbIi0Zu1PXZ_lnmJf67EeIqFQNhlTUSBUXkL-oAeh-fOEWJDSjFRBvG4QUrp-Y2AVpStYyn5JrVrCNxSJoJUAjqN3BaRENRgp9U5omvnAOsM82eSReA_AFh).\n\nClass Period: Oct. 30, 2025 – Apr. 30, 2026\nLead Plaintiff Deadline: Aug. 7, 2026 \nVisit: www.hbsslaw.com/investor-fraud/rblx \nContact the Firm Now: RBLX@hbsslaw.com \n                                        844-916-0895\n\nRoblox Corporation (RBLX) Securities Class Action:\n\nThe primary focus of the litigation is on the propriety of Roblox’s\ndisclosures about the impact on its business and prospects of the age-check\nverification rollout aimed at increasing safety within certain social features\non its platform. The rollout began in November 2025.\n\nThroughout the Class Period, Roblox has characterized its rollout as the\n“gold standard” intended to be implemented with “no friction.” The\ncompany has also touted its high year-over-year DAU growth and related revenue\nand bookings growth.\n\nAs recently as February 5, 2026, during Roblox’s Q4 2025 earnings call, CEO\nDavid Baszucki responded to an analyst’s question about additional detail\nabout the age-check rollout, assuring investors that “[w]e’re very excited\nand proud of the way our age verification rollout has gone” and “we found\nso many other opportunities for optimization that I’m very pleased and happy\nabout the way the rollout has gone.”\n\nThe complaint alleges that Roblox made false and misleading statements while\nfailing to disclose important information to investors about the true state of\nthe company’s growth potential. More specifically, the complaint alleges\nthat Roblox would see significant growth slowdown as enrollments in its\nage-check rollout would quickly taper, compounding the resulting slowdown in\non-line platform communication and resulting in app store rating reductions\nand a swift reduction in organic growth.\n\nThe truth entered the market on April 30, 2026. That day, Roblox reported its\nQ1 2026 financial results, revealed a steep deceleration in year-over-year and\nsequential DAU growth, slashed its 2026 revenue guidance (reflecting ongoing\nshrinkage in DAU growth), and severely cut its 2026 bookings growth midpoint\nfrom 24% to just 10%.\n\nThe company blamed its adverse situation on just 51% of Roblox global DAUs\nhaving age checked and further revealed that “as a result of age check […]\nwe have seen a reduction in app store ratings, and we believe this may be\ncontributing to a reduction in organic sign-ups that typically flow from app\nstores.” Roblox also said its lowered prospects are the result of\n“continued friction” resulting from the age-check rollout.\n\n“We’re focused on when Roblox and its management knew of the adverse\nconsequences of the age-check rollout and whether they intentionally misled\ninvestors,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=LMcWszaSI5o7bLVsAhw_i3LbV-5wuuqDrOBkkmqx8jS0CThJQg5yNDeYAGSNujjQ-4iGcriVMQBmMX0GJ_WUn_rOn_N8RDRrLTd-1Q7nrAbgU3XYCFUItn0DPQ5sYOkA),\nthe Hagens Berman partner leading the firm’s investigation.\n\nIf you invested in Roblox and have substantial losses, or have knowledge that\nwill assist the firm’s investigation, submit your losses now.\n(https://www.globenewswire.com/Tracker?data=HnnaTTmjZJbIi0Zu1PXZ_lnmJf67EeIqFQNhlTUSBUV49djM1yIxXNciLMXI1782SrKMpyDzz4cSIDoTNY3-3CAJmSsOrCr8qNDLgKBvZEYSUg9zrfeQgB-SbVFVApSp)\n\nIf you’d like more information and answers to other frequently asked\nquestions about the Roblox case and the firm’s investigation, read more\n(https://www.globenewswire.com/Tracker?data=pT3kBXgCxAUW6Z6MJLLQe-oPPyTY7M2TgtUNSEKakd2fyC9_qNkbYKRjmz2tV9Z_faZhEhHOFbHB81K0vfHt7kB7Tsdhk-4mfpssa2fndce79t-XWbEgHFFNgoBfugLLse03gwzo70DBUnBis7mwhZZeJGP4WGuhFQlPPVjK5ZI=).\n(https://www.globenewswire.com/Tracker?data=7DeugWjbAzAJblW42PJU9W13dw7LeUsoT8vts9c9haBg7w5vR0fj8A7FPyAZkCCIQvB0tbMFamjkzAZ5lwZ8-VN_PRZO7cEzk730M5IeF6t2qheuRwCRGrbjxngD33_xnITRIewPDxcSdNEjFKjOYA==)\n\nWhistleblowers: Persons with non-public information regarding Roblox should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email RBLX@hbsslaw.com .\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=Ttiec3PqxFbJxkfF1v9cv1w6qAXcb6hYqo_lfjG-zt73fF-BTD6LtYEQRdhEyTJDY3Erj22EZ0IdLLQIfrMfwuvc8wSF3VxQ4tQHwBIOi-o=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=Qe14xbv0v1ikVGRUhr60StwZo-gP6LEieZV5HRmZXSLqVITbA8WvDQ6cmnESDEF0QF4uzbiYrOTd3GnztV_ixw==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nContact: \nReed Kathrein, 844-916-0895\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-24T23:03:53.138996149Z","server_sent_at_ms":1782342233138},"received_at":"2026-06-24T23:03:53.190Z","source_url":null},"analysis":{"id":"61967","press_release_id":"72594","analysis_json":{"industry":{"label":"Interactive Media & Services","sector":"Communication Services"},"redFlags":[],"eventType":"legal_litigation","narrative":"Hagens Berman issued a solicitation notice seeking a lead plaintiff for a securities class action lawsuit against Roblox regarding alleged misleading statements about its age verification rollout.\n\nThe lawsuit focuses on claims that the company failed to disclose adverse impacts on daily active users and bookings growth prior to its Q1 2026 earnings report.\n\nThe class period covers October 30, 2025, through April 30, 2026, with an August 7, 2026 deadline to file for lead plaintiff status.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"We’re focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors","namedEntities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman"},{"name":"David Baszucki","role":"CEO of Roblox"}],"products":["age-check rollout"],"companies":[{"name":"Roblox Corporation","ticker":"RBLX"},{"name":"Hagens Berman","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$6.7 billion","context":"market capitalization erased following earnings report"},{"amount":"$10.13","context":"share price decline"}]},"materialImpact":{"score":1,"reasoning":"Standard plaintiff law-firm solicitation seeking a lead plaintiff for a class action lawsuit. No new disclosure from the issuer, no certified class, and no settlement figure announced."},"tickerRelevance":{"others":[],"primary":"RBLX"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman issued a solicitation notice seeking a lead plaintiff for a securities class action lawsuit against Roblox regarding alleged misleading statements about its age verification rollout.\n\nThe lawsuit focuses on claims that the company failed to disclose adverse impacts on daily active users and bookings growth prior to its Q1 2026 earnings report.\n\nThe class period covers October 30, 2025, through April 30, 2026, with an August 7, 2026 deadline to file for lead plaintiff status.","key_figures":null,"named_entities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman"},{"name":"David Baszucki","role":"CEO of Roblox"}],"products":["age-check rollout"],"companies":[{"name":"Roblox Corporation","ticker":"RBLX"},{"name":"Hagens Berman","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$6.7 billion","context":"market capitalization erased following earnings report"},{"amount":"$10.13","context":"share price decline"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-24T23:08:07.178Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":253978,"modelName":"george-droid-qwen-72b"}}