A research firm shorts Roblox because the game company is allegedly misleading investors, lying about user numbers, and facilitating illicit behavior with minors. Roblox denies the accusations.

With a record 47.4 million concurrent users, Roblox is now officially bigger than Steam. And it's due to the incredible success of two user-created games.

Investment research and advocacy firm Hindenburg says it's shorting Roblox stock because the game platform is misleading investors by overstating player counts and presenting financial figures ...