Roblox securities class action over age-check

Hagens Berman, a shareholder rights law firm, has expanded and is pursuing a securities class action against Roblox Corporation. The lawsuit alleges that Roblox and its senior management made misleading statements about the safety of its platform and the impact of its age-verification rollout, which began in November 2025. The class period covers investors who acquired Roblox common stock between October 31, 2024 and April 30, 2026. On October 30, 2025, Roblox announced enhanced age verification technology, causing its stock to drop 16% and erasing $13 billion in market value. On April 30, 2026, Roblox reported a steep deceleration in daily active user growth, slashed its 2026 revenue guidance, and cut its bookings growth midpoint from 24% to 10%. Roblox disclosed that only 51% of global DAUs had age-checked and that the rollout had reduced app store ratings and organic sign-ups. The lead plaintiff deadline is August 7, 2026. Hagens Berman is investigating whether Roblox intentionally misled investors about the adverse consequences of the age-check rollout.