![]() ![]() Free cash flow, a measure of a business's ability to generate cash, increased four-fold in the quarter to $142.1 million. Roblox's revenue in the first quarter of 2021 was nearly $400 million, more than double that generated during the same quarter in 2020, according to the SEC filing. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.According to the complaint, the pandemic has been very good to Roblox "as the digital world offered the only escape to people forced to stay at home."ħ0% of Roblox's users are under 18 and more than half are under the age of 13, according to the complaint. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. If you choose to take no action, you can remain an absent class member. You can also reach us through the firm's website at or by email at class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. ![]() We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 31, to discuss your rights free of charge. ![]() If you are a shareholder who suffered a loss, click here to participate. ![]() The report, titled “Problems at Roblox (RBLX),” alleges that the Company’s “former social media manager ran a pornographic blog while employed by the Company,” and has “engaged in litigation and intimidation to help conceal allegations of pedophilia on the platform.” Based on this news, shares of Roblox fell by 8% on the same day. Roblox is the subject of a research report published by The Bear Cave on February 3, 2022. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. LOS ANGELES-( BUSINESS WIRE)- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Roblox Corporation (“Roblox” or “the Company”) (NYSE: RBLX) for violations of the securities laws. ![]()
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