Game On
SEC Says Game Service Roblox Part of ‘Active Investigation’
- Agency withholds details, saying release may harm efforts
- Company has faced questions about its reported player data
The video-game company has faced scrutiny over children’s safety on the platform.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the US Securities and Exchange Commission, according to information obtained by Bloomberg News.
Responding to a Freedom of Information Act request, the commission said in a letter Friday that it couldn’t share correspondence between staffers referencing Roblox, saying it could cause “harm to the ongoing enforcement proceeding.”