Roblox

RBLX INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Monday, December 4, 2023

), the Roblox class action lawsuit charges Roblox and certain of its top executive officers with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the Roblox class action lawsuit charges Roblox and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
  • The Roblox class action lawsuit alleges that on this news, the price of Roblox stock fell more than 26%.
  • A lead plaintiff acts on behalf of all other class members in directing the Roblox class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Roblox class action lawsuit.

Global Video Games Strategic Business Report 2023: Market to Surpass $250 Billion by 2030 with Mobile Games Accounting for $123.8 Billion - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 30, 2023

Current State of the Video Games Industry: A Review

Key Points: 
  • Current State of the Video Games Industry: A Review
    Gaming as a Form of Entertainment is Here to Stay: Global Number of Active Gamers (In Billion) Years 2020, 2022, 2024 and 2026
    With "Speed Being the King" in Gaming, Growing Fiber to Home (FTTH) Connections Bodes Well for the Higher Consumer Engagement With Video Games
    Since Gaming Experiences Are Only as Good as the Network, Growing Number of Homes With High Speed Fiber Optic Internet Means More Households Will be Hooked Onto More Graphically Demanding Video Games: Global Market for Fiber-to-the-Home (FTTH) (In US$ Million) for Years 2021, 2023, 2025 and 2027
    Ubiquity of Smartphones Drives the Popularity of Mobile Gaming, Particularly on the Android OS.
  • Here's Why
    Healthy Demand for Smartphones Creates a Parallel Opportunity for Mobile Gaming: Global Shipments of Smartphones (in Million Units) for 2020 through 2025
    Social Presence Will Continue to Play a Central Role in the Adoption of Social Gaming: Global Number of Social Media Users (In Billion) for the Years 2022, 2024, 2026, 2028
    Convergence of Gaming and Gambling, a Key Trend in the Market
    As Gambling Addiction Takes on a Deeper Hue, Gamification of Physical Gambling Brings Opportunities for the Video Games Market: Global Number of Gamblers (In Million) for the Years 2018, 2020, 2022 and 2024
    Gaming to the Remain the Largest Application Area for Metaverse: Global Metaverse Market Share Breakdown (In %) by Application for Years 2020 and 2027
    Roblox, an Online Gaming Company that Offers Metaverse like Experiences, Witnesses Steady Rise in the Number of Users: Roblox Active Daily Users (In Million) by Quarter for Years 2019, 2020, 2021 and 2022
    Roblox, an Online Gaming Company that Offers Metaverse like Experiences, Witnesses Steady Rise in the Number of Users: Roblox Active Daily Users (In Million) by Quarter for Years 2019, 2020, 2021 and 2022
    With the Ability to Self-Learn, Evolve, Interpret & Respond to Player's Actions, AI is Poised to Take Realism in Games to the Next Level: Global Spending on AI in the Advertising & Media Industry (In US$ Million) for Years 2021, 2023, 2025 and 2027
    From Securing In-Game Transactions to Enhancing the Gaming Experience, Blockchain is Here to Revolutionize the Gaming Industry: Global Spending on Blockchain in the Media & Entertainment Industry (In US$ Million) for Years 2021, 2023, 2025 and 2027
    The Future of 5G is Unquestioned & So is Its Potential for Changing the Rules of the Game in Today's Experience Economy: 5G Contribution to GDP in Select Countries by 2030 (In US$ Billion)
    What are Challenges in Store for the Market in the Coming Years?

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Roblox Corporation (RBLX) Investors

Retrieved on: 
Thursday, November 30, 2023

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX ) class A common stock between March 10, 2021 and February 15, 2022, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX ) class A common stock between March 10, 2021 and February 15, 2022, inclusive (the “Class Period”).
  • Roblox investors have until January 26, 2024 to file a lead plaintiff motion.
  • On February 15, 2022, Roblox released its fourth quarter 2021 financial results, missing analyst expectations in most of its key metrics, including quarterly bookings and revenue.
  • On this news, Roblox’s stock price fell $19.43, or 26.5%, to close at $53.87 per share on February 16, 2022, thereby injuring investors.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Roblox Corporation (RBLX) Investors

Retrieved on: 
Wednesday, November 29, 2023

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX ) class A common stock between March 10, 2021 and February 15, 2022, inclusive (the “Class Period”).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX ) class A common stock between March 10, 2021 and February 15, 2022, inclusive (the “Class Period”).
  • Roblox investors have until January 26, 2024 to file a lead plaintiff motion.
  • Investors suffering losses on their Roblox investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • On February 15, 2022, Roblox released its fourth quarter 2021 financial results, missing analyst expectations in most of its key metrics, including quarterly bookings and revenue.

RBLX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Wednesday, November 29, 2023

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Roblox Corporation (“Roblox” or “the Company”) (NYSE: RBLX) and certain of its officers.

Key Points: 
  • Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Roblox Corporation (“Roblox” or “the Company”) (NYSE: RBLX) and certain of its officers.
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/rblx .
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

ROBLOX ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Roblox Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, November 30, 2023

Investors have until January 26, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 26, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Roblox operates a platform that provides developers with tools to create online games and hosts the games on its servers.
  • The Complaint alleges that throughout the Class Period, Roblox reported strong bookings and revenue growth.
  • On February 15, 2022, the truth about the Company’s unsustainable growth was revealed to investors when Roblox reported surprisingly weak fourth quarter 2021 results.

RBLX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Roblox Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Thursday, November 30, 2023

), the Roblox class action lawsuit charges Roblox and certain of its top executive officers with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the Roblox class action lawsuit charges Roblox and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
  • The Roblox class action lawsuit alleges that on this news, the price of Roblox stock fell more than 26%.
  • A lead plaintiff acts on behalf of all other class members in directing the Roblox class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Roblox class action lawsuit.

SkyHive’s Technological Breakthrough Named Winner in Prestigious Fast Company Award for ‘Next Big Things in Tech’

Retrieved on: 
Wednesday, November 29, 2023

SkyHive® , an ethical artificial intelligence software company supporting companies and communities across the world transition from jobs-based to skills-based, has been named one of the “Next Big Things in Tech” -- a prestigious award from Fast Company magazine.

Key Points: 
  • SkyHive® , an ethical artificial intelligence software company supporting companies and communities across the world transition from jobs-based to skills-based, has been named one of the “Next Big Things in Tech” -- a prestigious award from Fast Company magazine.
  • The annual list honors technological breakthroughs that promise to shape the future of industries—from healthcare and security to artificial intelligence and data.
  • In recognizing SkyHive for Social Good , Fast Company singled out SkyHive’s Skill Passport , which helps connect job-seekers to skill development and career opportunities that align with their unique skills and talents.
  • The prestigious Fast Company award caps a banner year for SkyHive, a year with notable highlights including:

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Roblox Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – RBLX

Retrieved on: 
Tuesday, November 28, 2023

WHAT TO DO NEXT: To join the Roblox class action, go to https://rosenlegal.com/submit-form/?case_id=20661 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Roblox class action, go to https://rosenlegal.com/submit-form/?case_id=20661 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Roblox Corporation (RBLX) Investors

Retrieved on: 
Tuesday, November 28, 2023

Investors have until January 26, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 26, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • The class action complaint alleges that throughout the Class Period, Roblox reported strong bookings and revenue growth.
  • The Company attributed this growth to various factors, including the positive effect from COVID stay-at-home orders, its technology investments, and high-quality gaming content.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.