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.

Roblox Corp. shares fell as much as 11% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect youngsters on its platform.

Roblox’s stock dropped amid growing concerns over the lack of security measures to protect its large number of child users.

A screenshot suggesting Roblox CEO David Baszucki's account was suspended ignited panic and speculation within the Roblox community. Fueled by a popul

Roblox talked about community-led vigilante groups following the company’s legal action against well-known figure Schlep

Roblox Corporation RBLX is currently trading at a forward 12-month price-to-sales ratio of 12.45X compared with the Zacks Gaming industry’s average of 3.67X and the broader Consumer Discretionary sector’s 2.

It may be the biggest gaming platform in the world, but Roblox could not have had a worse week. Its troubles continue as Chris Hansen arrives to catch its predators.

Roblox Corporation ( RBLX -7.74%), the online gaming platform that's especially popular with teens and younger kids, saw its stock sell off hard this morning -- down more than 10%. The shares have clawed back some of their losses as the day progresses, but as of 11:10 a.m., they remain down 7.1%.