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Mutual Advisors LLC’s holdings in Roblox were worth $377,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of the stock.
The lawsuits allege that Roblox prioritized its profits over child safety. The gaming platform rebuts claims it would intentionally risk the safety of its users.
Louisiana Attorney General Liz Murrill has sued Roblox Corporation, alleging it fosters child exploitation through weak safety measures.
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