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Consumer Law

The SEC Is Probing Activision for Discrimination Allegations

Activision Blizzard, one of the world’s most high-profile video game companies, confirmed a regulatory probe and said it is working to address complaints of workplace discrimination.

The Santa Monica, California, company said Tuesday that it is complying with a recent Securities and Exchange Commission subpoena sent to current and former employees and executives and the company itself on “employment matters and related issues.”

The Wall Street Journal had reported Monday that the SEC was investigating how the company had treated complaints of sexual misconduct and workplace discrimination and had subpoenaed senior executives including CEO Bobby Kotick, a well-known tech billionaire who is Facebook COO Sheryl Sandberg’s ex-boyfriend. An SEC spokesman declined to comment.

Read the source article at Associated Press News

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