The SEC concluded a case involving video-game platform Roblox (RBLX) in May, according to Bloomberg’s Cecilia D’Anastasio, citing a document seen by Bloomberg News. The case was opened in October and finished seven months later, according to a May 13 “Case Closing Report.” The document does not describe the nature of the investigation or whether it made any determination, Bloomberg added. Representatives for Roblox and the SEC declined to comment.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBLX:
- Roblox (RBLX) Sued for Allegedly Endangering Children
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Citi sees no evidence ‘vigilante’ ban hurting Roblox engagement
- Roblox Stock (RBLX) Drops on “Perfect Place for Pedophiles” Lawsuit
- Louisiana AG sues Roblox, alleging child exploitation and safety failures