Ross Gerber Slams Roblox In Scathing Tirade, Demands Complete Overhaul Of Company Management - Roblox (NYSE:RBLX)
RobloxRoblox(US:RBLX) Benzinga·2025-10-17 08:23

Core Viewpoint - Investor Ross Gerber has criticized Roblox Corp., labeling it as "basically a criminal enterprise" and calling for a change in leadership due to unethical practices and safety concerns for young users [2][3]. Group 1: Criticism and Allegations - Gerber accused Roblox of having a "warped and corrupt" business model, claiming it is "filled with predators" and "stealing from kids" [2][3]. - The call for management change is driven by increasing incidents of young users being targeted by predators on the platform [3]. Group 2: Legal Challenges - Roblox is facing multiple lawsuits alleging that it has failed to implement adequate safeguards to protect minors [4]. - One lawsuit claims that Roblox and Discord allowed predators to target minors, misrepresenting their safety features to parents [5]. - Louisiana's attorney general has also filed a lawsuit against Roblox, accusing the platform of enabling child sexual abuse and exploitation [5]. Group 3: Stock Performance - Roblox shares experienced a decline of 2.94% on Thursday, closing at $134.49, with an additional drop of 2.30% in overnight trading [6]. - The stock shows high momentum but performs poorly on growth metrics according to Benzinga's Edge Stock Rankings [6].