According to reports, Roblox is part of an active investigation by the United States stock exchange and values commission.
As reported by Bloomberg, an answer to a request for freedom of information revealed that the company was included in an investigation.
However, the SEC could not share more details, since it could cause “damage to the ongoing compliance procedure.”
No more details of the investigation have been shared at this time.
Last October, Roblox refuted the claims made in a report published by Hindenburg Research that he inflated the metrics for investors and could not protect minors.
“The financial claims made by Hindenburg are misleading,” the firm said in a statement. “The authors are short vendors and have an agenda regardless of the substance of the Roblox Business Model and results.”
In response to concerns about the protection of minors, the company said: “Roblox takes any content or behavior on the platform that does not meet its extremely seriously standards, and has a set of proactive and preventive security measures designed to catch and avoid malicious or harmful activity on the platform. “
In November 2024, Roblox implemented significant changes in their safety systems and parents’ controls to protect children under 13 using their platform.
Roblox recently published his financial results for the fourth quarter and the full fiscal year, informing both income and reservations with a fall in net losses compared to previously registered periods.
