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Roblox Is Part Of An "Active Investigation" By SEC The US Securities and Exchange Commission has confirmed earlier reports about an investigation involving Roblox, but specific details remain elusive.
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TipRanks on MSNRoblox case at SEC concluded in May, Bloomberg reports
The SEC concluded a case involving video-game platform Roblox (RBLX) in May, according to Bloomberg’s Cecilia D’Anastasio, citing a document seen ...
While Roblox has been subject of multiple reports and allegations that their video game platform is unsafe for children, these allegations are not in the scope of the SEC.
The eminently popular live service game Roblox is involved in an active investigation by the U.S. Securities and Exchange Commission (SEC) according to a new report, though the extent is unclear.
All that said, for investors, the SEC's interest may not be the biggest cause for concern here. Will Roblox ever turn a profit? What worries me most about Roblox are its troubling financials.
Roblox is part of an active and ongoing investigation by the Securities and Exchange Commission, the agency said Friday.
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