Prominent investor Ross Gerber of Gerber Kawasaki Wealth and Investment Management launched a severe public criticism against Roblox Corp. on October 17, 2025, accusing the company of unethical practices and calling for a complete change in leadership. In a post on social media platform X, Gerber referred to Roblox as "basically a criminal enterprise," citing its business model and what he described as a "warped and corrupt" user environment "filled with predators." This attack comes in the wake of several recent lawsuits filed against the gaming platform over allegations of failing to adequately protect minors from abuse and exploitation. In terms of market reaction, Roblox's shares closed down 2.94% on the preceding Thursday and continued to fall in overnight trading.
Investor Ross Gerber Calls for Management Overhaul at Roblox, Labeling Company a 'Criminal Enterprise'
RBLX
Related News
RBLX
🔴 RBLX is trading 5% down today amid broader market caution
RBLX
Roblox Shares Rise Amid Technical Updates and Creator Tools Rollout
RBLX
Roblox Chief Legal Officer Sells $3.8 Million in Company Stock
RBLX
🟢 RBLX is trading 3.4% up today on global age verification rollout and tech sector strength
RBLX