After the ongoing controversy Activision BlizzardIn the sexual harassment lawsuit, shareholders are investigating the company because its stock has begun to plummet.
According to a report shared by Business Wire, shareholder rights law firm Robbins LLP is investigating Activision Blizzard to determine whether certain Activision executives and directors violated the Securities Exchange Act of 1934 and violated their claims to the company. Fiduciary duty.
Pre-market statistics indicate that stock prices have started to rise-albeit slightly-but overall, as legal chaos continues to become more difficult, Activision Blizzard’s stock fell 7% on Tuesday.
Last week, California’s lawsuit over allegations of harassment and bullying shocked the entire company, prompting Activision CEO Bobby Kotick to respond in an open letter to employees and forcing ” The work of World of Warcraft is deadlocked. stop.
Today, Activision Blizzard employees began a strike to support the lawsuit and protest the current leadership. It can be said that the stock will continue to be affected in the coming days and weeks.
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