On July 27, shareholder rights law firm Robbins LLP anounced it is “investigating Activision Blizzard to determine whether certain Activision officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the company.”
This was announced after the company’s stock price dropped 6.76 percent, following last week’s sex discrimination lawsuit by DFEH.
The law firm is calling on shareholders to get in touch to explore “legal options against the сompany’s officers and directors.”
You can catch up on the full chronology of the story here.
- Blizzard staff exodus continues as Overwatch 2 executive producer announces his departure
- SEC launches investigation into Activision Blizzard, subpoenas Bobby Kotick
- Apple also investigated by Department of Justice. US lawmakers address “serious competition concerns” in app store space
- Activision Blizzard faces new lawsuit from its employees and media labor union