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 rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors. Here's what to know.

Louisiana Attorney General is suing gaming platform Roblox over its lack of proper safety protocols for child users. What to know about the lawsuit.

The rumors come amid Louisiana's lawsuit against Roblox, alleging it has failed to protect child users from predators.