Feb 20, 2022 | Shareholder Investigations
Have You Held Peloton Stock Since At Least October 2020? Peloton Interactive, Inc. Investors May Have Legal Claims Against The Company’s Officers and Directors.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Peloton Interactive, Inc. (“Peloton”) (NASDAQ: PTON) breached their fiduciary duties to Peloton and its shareholders.
The investigation concerns whether members of Peloton’s board of directors or senior management failed to manage Peloton in an acceptable manner, in breach of their fiduciary duties to Peloton, and whether Peloton and its shareholders have suffered damages as a result.
As recently reported by various news outlets and confirmed by filings with the Securities and Exchange Commission, Peloton’s founders, directors, and officers collectively sold nearly $500 million in stock before disclosing recent production stoppages, sales declines, and employee layoffs, which have caused dramatic declines in Peloton’s stock price.
Peloton Investors Who Have Held PTON Stock Shares Since At Least October 2020
If you are a Peloton shareholder who has held Peloton stock since at least October 2020, please contact Kehoe Law Firm, P.C., Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], for a free, confidential consultation and no-obligation evaluation of potential legal claims.
Feb 20, 2022 | Shareholder Investigations
Have you held Roblox Stock Since March 2021? Roblox Corporation Investors May Have Legal Claims Against The Company’s Officers and Directors.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Roblox Corporation (“Roblox”) (NYSE: RBLX) breached their fiduciary duties to Roblox and its shareholders.
The investigation concerns whether members of Roblox’s board of directors or senior management failed to manage Roblox in an acceptable manner, in breach of their fiduciary duties to Roblox, and whether Roblox and its shareholders suffered damages as a result.
On February 3, 2022, The Bear Cave published a report alleging that Roblox’s online platform intended for children aged six to fourteen is “also the leading platform for pedophiles.” The report detailed various arrests and indictments of sexual offenses against underage victims as young as five years old, while “[t]he company has engaged in litigation and intimidation to help conceal allegations of pedophilia on the platform.”
Further, Roblox’s head of safety and moderation has been accused of “peculiar” social media activity, including numerous “likes” of sexualized cosplayers and the following of a “furry porn” account, and Roblox’s former social media manager allegedly ran a pornographic blog while employed by Roblox.
Roblox Investors Who Have Held RBLX Stock Shares Since March 2021
If you are a Roblox shareholder who has held Roblox stock since March 2021, please contact Kehoe Law Firm, P.C., Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], for a free, confidential consultation and no-obligation evaluation of potential legal claims.
