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 ...

Roblox Corporation (NYSE: RBLX) shares are trading lower Friday as the stock faced competing pressures from analyst support, unusual options activity and ongoing legal challenges.

The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors.