The Gross Law Firm Reminds Roblox Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 12, 2024 - RBLX

CONTACT US HERE: ALLEGATIONS: According to the complaint, on February 7, 2024, Roblox – the publisher of the Minecraft video game – issued its FY 2024 fiscal guidance. It was the first time Roblox issued a fiscal guidance to investors. Then, on May 9, 2023, Roblox hosted its quarterly earnings call and slashed its guidance for FY 2024. Management blamed changes in player engagement for the guidance reduction. Analysts expressed dismay at the rapidly reduced guidance, with one analyst noting Roblox made the ...