Browsing: Roblox

Amundi raised its position in Roblox Corporation (NYSE:RBLX – Free Report) by 83.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,774,151 shares of the company’s stock after acquiring an additional 2,631,074 shares during the period. Amundi owned approximately 0.86%…

Roblox Corporation now faces active lawsuits or open investigations from at least 11 U.S. states, a federal multidistrict litigation docket topping 160 cases, and a coordinated proceeding in California, all centered on one allegation: that the platform failed to protect children from predators, sextortion, and exploitative chat contact. Five states have already settled, and the…