April 30, 2015
A California federal judge on Thursday tossed a shareholder class action alleging Electronic Arts Inc. misled investors regarding technical problems with its blockbuster "Battlefield 4" video game that caused a drop in stock prices, denying the plaintiffs leave to amend the suit after finding they didn't allege any actionable misstatements.
October 21, 2014
A California federal judge on Monday tossed a shareholder class action accusing Electronic Arts Inc. of failing to foresee technical problems with its "Battlefield 4" videogame that caused stock prices to fall, saying the company's statements leading up the game's release were nothing more than corporate "puffery."
October 10, 2014
A California federal judge said Friday she's likely to throw out a shareholder class action accusing Electronic Arts Inc. of misleading investors about technical problems with its "Battlefield 4" videogame that led stock prices to fall, saying she didn't see evidence that the game company's statements were false.