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Ohio Sues Roblox Over Investor Deception | Charleston News
Ohio’s Attorney General is launching a major class-action lawsuit against Roblox, accusing the gaming giant of deceiving investors by portraying its platform as safe and family-friendly while failing to protect kids from predators. The suit claims Roblox’s own April admission—linking safety measures to a billion-dollar revenue drop and an 18% stock plunge—proves intentional misrepresentation that cost billions. This follows a $11 million settlement in West Virginia over similar child safety issues, adding weight to Ohio’s case seeking compensation for financial losses and setting a potential…
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