NasdaqGS:ROKUEntertainment
Roku Lawsuit Puts Software Reliability And Platform Growth Story To Test
A US federal class action lawsuit has been filed against Roku and TV maker TCL.
The suit alleges that software updates have rendered certain Roku powered smart TVs unusable.
Plaintiffs are seeking relief on behalf of affected customers, claiming product malfunctions tied to recent updates.
For investors watching Roku, ticker NasdaqGS:ROKU, this legal action comes at a time when the stock is trading at $124.16. The company has had a 14.2% return year to date and a 78.5% return over the past...