NASDAQ: ATVI

Activision Blizzard, Inc.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Activision Blizzard, Inc. (NASDAQ: ATVI) between August 4, 2016 and July 27, 2021, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Activision Blizzard investors under the federal securities laws.

If you purchased Activision Blizzard securities and would like to join the action, please click “Join This Class Action.”

Class Period:August 4, 2016 through July 27, 2021
If you purchased Activision Blizzard securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Activision Blizzard discriminated against women and minority employees;
  • Activision Blizzard fostered a pervasive “frat boy” workplace culture that continues to thrive;
  • numerous complaints about unlawful harassment, discrimination, and retaliation were made to human resources personnel and executives which went unaddressed;
  • the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard’s operations;
  • as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect;
  • Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing (“DFEH”) had been investigating Activision Blizzard for harassment and discrimination; and
  • as a result, defendants’ statements about Activision Blizzard’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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