{"id":972700,"date":"2026-06-16T09:34:17","date_gmt":"2026-06-16T13:34:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/"},"modified":"2026-06-16T09:34:17","modified_gmt":"2026-06-16T13:34:17","slug":"the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/","title":{"rendered":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; RBLX"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">June 16, 2026<\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of <b>Roblox Corporation (NYSE: RBLX).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <img decoding=\"async\" src=\"https:\/\/mmx.prnewswire.com\/media\/MS650750\/The_Gross_Law_Firm_Logo.jpg?id=OA2717548\" title=\"The Gross Law Firm\" alt=\"The Gross Law Firm\" \/>\n        <\/p>\n<\/p><\/div>\n<p>Shareholders who purchased shares of RBLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4<\/a>\n      <\/p>\n<p>\n        <b>CLASS PERIOD: <\/b>October 30, 2025 to April 30, 2026<\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Roblox&#8217;s organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. On April 30, 2026,\u00a0Roblox announced its financial results for the first quarter of fiscal 2026. Management slashed bookings growth guidance down to 8-12% and a corresponding decline to margin expectations. Defendants disclosed the age verification rollout had caused much more significant impacts to engagement and organic growth than management had previously suggested and age check adoption had only increased to 51% global daily active users, from 45% at the end of the previous quarter. Following this news, the price of\u00a0Roblox&#8217;s common stock declined dramatically. From a closing market price of $55.26 per share on April 30, 2026, Roblox&#8217;s stock price fell to $45.13 per share on May 1, 2026, a decline of about 18.33% in the span of just a single day.<\/p>\n<p>\n        <b>DEADLINE: August 7, 2026<\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4<\/a><\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of RBLX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 7, 2026. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, <span>fraud<\/span>, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY83873&amp;sd=2026-06-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit---rblx-302801740.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit&#8212;rblx-302801740.html<\/a><\/p>\n<p>SOURCE The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY83873&amp;Transmission_Id=202606160915PR_NEWS_USPR_____NY83873&amp;DateId=20260616\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, June 16, 2026 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of Roblox Corporation (NYSE: RBLX). Shareholders who purchased shares of RBLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4 CLASS PERIOD: October 30, 2025 to April 30, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Roblox&#8217;s organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; RBLX&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-972700","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit - RBLX - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit - RBLX - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, June 16, 2026 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of Roblox Corporation (NYSE: RBLX). Shareholders who purchased shares of RBLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4 CLASS PERIOD: October 30, 2025 to April 30, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Roblox&#8217;s organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates &hellip; Continue reading &quot;The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; RBLX&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T13:34:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS650750\/The_Gross_Law_Firm_Logo.jpg?id=OA2717548\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; 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The Gross Law Firm issues the following notice to shareholders of Roblox Corporation (NYSE: RBLX). Shareholders who purchased shares of RBLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/roblox-corporation-loss-submission-form-2\/?id=188286&amp;from=4 CLASS PERIOD: October 30, 2025 to April 30, 2026 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Roblox&#8217;s organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates &hellip; Continue reading \"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; RBLX\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/","og_site_name":"Market Newsdesk","article_published_time":"2026-06-16T13:34:17+00:00","og_image":[{"url":"https:\/\/mmx.prnewswire.com\/media\/MS650750\/The_Gross_Law_Firm_Logo.jpg?id=OA2717548","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-august-7-2026-in-roblox-corporation-lawsuit-rblx\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 7, 2026 in Roblox Corporation Lawsuit &#8211; 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