DeKalb County Pension Fund v. Roblox Corporation

1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9

DEKALB COUNTY PENSION FUND,

10 Case No. 23-cv-06618-RS Plaintiff, 11 v. ORDER GRANTING MOTION FOR 12 APPOINTMENT OF LEAD ROBLOX CORPORATION, et al., PLAINTIFFS AND APPROVAL OF 13 THEIR SELECTION OF LEAD Defendants. COUNSEL 14

15 16 Plaintiff DeKalb County Pension Fund (“DeKalb”) filed this putative class action in the 17 Southern District of New York alleging that defendant Roblox Corporation and certain of its 18 executives violated securities laws by inflating the company’s stock value through 19 misrepresentations and omissions. Following transfer to this district, putative class member 20 Arkansas Teacher Retirement System (“ATRS”) joined with DeKalb to move for appointment as 21 lead plaintiffs, and for approval of their selection of Labaton Keller Sucharow LLP as Lead 22 Counsel for the Class and Hagens Berman Sobol Shapiro LLP as Liaison Counsel for the Class. 23 Dkt. No. 31. Two…