Roblox Shares Fall Following Louisiana Attorney General Suit
The suits allege that its safety protocols fall short and that the company fails to note the potential dangers on the site.
Photographer: Gabby Jones/BloombergRoblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect youngsters on its platform.
The complaints filed Thursday include one in state court by Louisiana Attorney General Liz Murrill, who said predators use the site to “thrive, unite, hunt and victimize kids.” The second, filed in the US District Court in Northern California, describes a 10-year-old who was allegedly targeted on Roblox by an adult who pretended to be a kid.