Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect youngsters on its platform.

Roblox isn't facing a ban in the United States right now, but recent controversy has sparked debate on the platform's future in its home country.

Roblox penned a lengthy post on its website detailing new rules aimed at preventing inappropriate behavior or content.

Louisiana is the first state to sue Roblox, claiming it exposes kids to harmful content and predators, prompting concerns over safety measures in the popular gaming platform for children.