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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.
The SEC responded to Bloomberg, saying, "We have confirmed with Division of Enforcement staff that there are responsive emails between Enforcement staff referencing Roblox and that these emails ...
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.
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.
The US Securities and Exchange Commission concluded a case involving the online video-game platform Roblox Corp. in May, ...
Roblox is part of an active and ongoing investigation by the Securities and Exchange Commission, the agency said Friday.