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Big Law

NYC Files a Complaint Against Activision Blizzard

Activision Blizzard has issued a statement in response to the New York lawsuit, which it has shared with IGN:

“We disagree with the allegations made in this complaint and look forward to presenting our arguments to the Court.”

Multiple New York City funds have banded together to file a complaint against Activision Blizzard, alleging that CEO Bobby Kotick and the board may have breached their fiduciary duty in their dealings with Microsoft to be acquired, and harmed the company’s value.

Read the source article at ign.com

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