RBLX LOSS ALERT: TOP NATIONAL INVESTOR ATTORNEY ROSEN Encourages Roblox Corporation Investors With Losses to Learn About Securities Class Action Investigation
NEW YORK, March 6, 2022 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, is continuing to investigate potential securities claims on behalf of shareholders of Roblox Corporation (NYSE: RBLX) resulting from allegations that Roblox may have provided misleading business information to the investing public.
SO WHAT: If you purchased Roblox titles, you may be entitled to compensation without payment of fees or out-of-pocket costs through a contingency fee arrangement. The Rosen law firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=3218 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: At February 3, 2022market analyst The Bear Cave released a report regarding Roblox titled “Problems at Roblox (RBLX)”, which alleges, in part, that “the company’s former social media manager ran a pornographic blog while he was employed by the company,” and “engaged in litigation and intimidation to help cover up pedophilia allegations on the platform.”
At this news, Roblox stock price plummeted $5.50 per share, or 8%, to close at $60.67 per share on February 3, 2022detrimental to investors.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania