Shares of Roblox (NYSE:RBLX) are in red on Friday after multiple reports of backlash against the online gaming platform for not doing enough to protect its young user base against child predators.

Roblox stock is being sued by the state of Louisiana for alleged facilitation of "the distribution of child sexual abuse material." Roblox is responding to the claims and bolstering its safety efforts ...

Many have been questioning whether Roblox is shutting down after a parody account reportedly spread rumors of the popular gaming platform coming to an end. The rumors emerged as lawsuits allege that ...