An investigation on behalf of current long-term investors in shares of Activision Blizzard, Inc. (NASDAQ: ATVI).
An investigation has been announced into potential breaches of fiduciary duties by certain directors and officers of Activision Blizzard, Inc.
Investors who are currently long-term investors in shares of Activision Blizzard, Inc. (NASDAQ: ATVI) have certain options and should contact the Shareholders Foundation at [email protected] or call +1 ( 858) 779 – 1554.
NASDAQ Law Firm Investigation of Current Long-Term Investors: ATVI’s actions follow a lawsuit filed against Activision Blizzard, Inc. for alleged violations of securities laws. The investigation on behalf of current long-term investors in NASDAQ: ATVI Shares, concerns the liability of certain directors of Activision Blizzard, Inc. in connection with the allegations made in this lawsuit.
According to this complaint filed with the U.S. District Court for the Northern District of California, the plaintiff alleges that the defendants made false and / or misleading statements and / or failed to disclose that Activision Blizzard discriminated against women and employees. minorities, that Activision Blizzard fostered a pervasive work culture of “frat boy” that continues to thrive, that numerous complaints of unlawful harassment, discrimination and retaliation have been made to staff and human resources executives who have not addressed, that the pervasive culture of harassment, discrimination and retaliation would result in serious harm to Activision Blizzard’s operations, which as a result of the above, the Company was more likely to come under scrutiny and regulatory and legal enforcement, including what would have a material adverse effect, that Activision Blizzard did not notify the stakeholders. that the California Department of Fair Employment and House ing (“DFEH”) had investigated Activision Blizzard for harassment and discrimination, and that, accordingly, the defendants’ statements regarding the activities, operations and prospects of Activision Blizzard were materially false and misleading and / or lacked a reasonable basis times.
Those who have purchased shares of Activision Blizzard, Inc. (NASDAQ: ATVI) have certain options and should contact the Shareholders’ Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North
San Diego, California 92108
Phone. : + 1- (858) -779-1554
Email: [email protected]
About the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio tracking and claims filing service and investor advocacy group that researches shareholder issues and informs investors of securities lawsuits. , regulations, judgments and other legal news concerning the stocks / financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support and assistance to each shareholder. The Shareholders Foundation, Inc. is not a law firm. The referenced cases, inquiries and / or settlements are not filed / initiated / obtained and / or are not related to the Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied on.
This version was posted on openPR.