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META PLATFORMS, INC.

(META)
  Report
Delayed Nasdaq  -  04:00 2022-12-02 pm EST
123.49 USD   +2.53%
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Game company Roblox enabled girl's sexual exploitation, lawsuit claims

10/05/2022 | 06:56pm EST
FILE PHOTO: FILE PHOTO: A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange

(Reuters) - A lawsuit filed in San Francisco on Tuesday accuses online gaming firm Roblox Corp of enabling a California girl's sexual and financial exploitation by adult men.

The lawsuit, filed in San Francisco Superior Court, also targets online chat company Discord Inc, Snapchat parent Snap Inc and Instagram parent Meta Platforms Inc. Snap and Meta are already facing dozens of similar lawsuits.

Meta declined to comment. Roblox and Snap could not immediately be reached.

A Discord spokesperson said the company has a "zero-tolerance policy for anyone who endangers or sexualizes children" but declined to comment directly on the lawsuit.

According to the lawsuit, which was seen by Reuters, the girl, S.U., was born in 2009 and began using Roblox when she was nine or ten years old. Roblox is popular with children under 13 but also has adult users.

Starting in early 2020, S.U. came into contact with adult men through Roblox, who encouraged her to sign up for Discord, Snapchat and Instagram to communicate with them, according to the lawsuit. None of the companies required parental consent, and Discord did not verify S.U.'s age even though it said it did not allow users under 13 years old, the lawsuit said.

The men exploited her by encouraging her to drink and abuse prescription drugs and send sexually explicit photos of herself, according to the lawsuit. One man allegedly persuaded her to send him money.

S.U. suffered severe mental health problems leading to suicide attempts and hospitalization as a result of her experience, the lawsuit said.

S.U. and her mother, C.U., claim the companies failed to take steps to keep minors using their platforms safe, and that Snap and Instagram encouraged addiction in children. They are seeking unspecified damages.

(Reporting By Brendan Pierson in New York; Editing by Matthew Lewis)

By Brendan Pierson


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
META PLATFORMS, INC. 2.53% 123.49 Delayed Quote.-63.29%
ROBLOX CORPORATION 1.80% 33.99 Delayed Quote.-67.05%
SNAP INC. -3.40% 10.5 Delayed Quote.-77.67%
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Financials (USD)
Sales 2022 116 B - -
Net income 2022 24 735 M - -
Net cash 2022 35 094 M - -
P/E ratio 2022 13,6x
Yield 2022 -
Capitalization 327 B 327 B -
EV / Sales 2022 2,51x
EV / Sales 2023 2,37x
Nbr of Employees 87 314
Free-Float 84,3%
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Mean consensus OUTPERFORM
Number of Analysts 57
Last Close Price 123,49 $
Average target price 151,87 $
Spread / Average Target 23,0%
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Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Susan J. Li Chief Financial Officer
Atish Banerjea Chief Information Officer
Andrew Bosworth Chief Technology Officer
Javier Olivan Chief Operating & Growth Officer
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