Roblox Corporation Class A Common Stock (NYSE: RBLX)
The Complaint alleges that during the Class Period, Defendants made materially false and misleading statements and engaged in a scheme to deceive the market and a course of conduct that artificially inflated the price of Roblox’s common stock and operated as a fraud or deceit on Class Period purchasers of Roblox’s common stock by materially misleading the investing public. The Complaint further alleges that as a result of their purchases of Roblox’s common stock during the Class Period, Plaintiff and other members of the Class suffered economic loss under federal securities laws.