CD Projekt has responded to the first lawsuit against it, which apparently misled investors about the state of Cyberpunk in 2077.
After early complaints, some CD Projekt investors may initiate legal proceedings against the company for allegedly misrepresenting their status. Cyberpunk 2077, One of the formal lawsuits has been officially filed.
Rosen Law Firm, based in New York, filed a class action lawsuit against CD Projekt on December 24. The lawsuit was filed on behalf of investors who purchased CD Projekt stock in the United States from January 16 to December 17, 2020, with the purpose of recovering damages for them under the federal securities laws.
The lawsuit alleges that CD Projekt “due to a large number of errors and failed to disclose that Cyberpunk 2077 is almost unplayable on the current Xbox or Playstation system”, on the grounds that Sony recently decided to withdraw the game from the PlayStation Store and Microsoft gave a full refund Policy is the main consequence of CDPR actions.
“CD Projekt will suffer loss of reputation and money; as a result, the defendant’s statements regarding its business, operations and prospects are false, misleading and/or unreasonable statements at all relevant times.”
A day later, CD Projekt confirmed that it had received notice of the lawsuit and stated in an official statement that it intends to vigorously defend itself.
CD Projekt stated: “The company will take severe action to defend any such claims, adding that the lawsuit “does not specify the amount of compensation required. “
Despite the controversy, “Cyberpunk 2077” has successfully sold 13 million copies so far. This is a fact CD Projekt used to appease investors. In addition to release troubles, the CD Projekt Red team continues to work hard to develop patches. The first patch will be released this month and the second patch will be released in February.
For more information on “Cyberpunk 2077”, check out our guide to choosing the best lifestyle and how to get all the endings.
