CD Projekt Red investors make good on Cyberpunk 2077 class-action lawsuit threat

    
78
Someone thinks that's neat, probably.

No matter how well Cyberpunk 2077 appears to be working for you because you’re playing on a newly-launched console or a beefy PC, the fact remains that the game has not done well on other released hardware, which as was reported last week had caused some investors of developer/publisher CD Projekt Red to consider class-action litigation. That consideration has now transformed into a full-on legal filing, with the suit officially being filed this past Thursday. Merry Christmas, indeed.

The filing claims that CDPR made “materially false and misleading statements” regarding Cyberpunk 2077’s performance on PS4 and Xbox One, pointing to a number of conference call and financial report statements touting the game would be fully playable on the consoles as evidence. The suit further states that the game was instead “virtually unplayable” to the point that Sony pulled the game from its digital shelves, which resulted in “significant losses and damages” to the affected investors as a result of an inflated market share price which dropped shortly after the game’s release. The suit seeks an unspecified amount for these damages.

This suit could spell the beginning of a legal shellacking for CDPR: Investors in Poland are considering their own class-action suit, while another law firm is investigating “potential securities claims.”

source: Polygon. Cheers, Peter!
Advertisement
Previous articleMassivelyOP’s 2020 Golden Yachties: Best worst transmedia synergy
Next articleThe MOP Up: Flyff Classic is in the works

No posts to display

78 Comments
newest
oldest most liked
Inline Feedback
View all comments