Roblox Based Forecast On 'Tenuous' Factors, Investor Says
By Rae Ann Varona ( June 11, 2024, 7:52 PM EDT) -- A Roblox Corp. shareholder accused the online gaming platform in California federal court Monday of misleading investors with projected online sales revenue that came in at least $100 million short, boasting of its technology developments and advertising efforts despite knowing those revenue opportunities were "tenuous at best."...
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