January 19, 2024
The Ninth Circuit on Friday backed the dismissal of a proposed class action alleging that Activision Blizzard's CEO caused the game giant's stock to drop by downplaying scrutiny into the company's allegedly sexist workplace, saying it didn't show the executive anticipated the probes to have a significant impact on the business.
January 11, 2024
Activision Blizzard investors urged the Ninth Circuit on Thursday to revive a proposed class action alleging its CEO downplayed scrutiny into the game-maker's purportedly sexist workplace culture causing its stock to drop, arguing the company told investors about its inclusive practices despite knowing it was facing multiple investigations.
May 25, 2023
Investors in Activision Blizzard urged the Ninth Circuit on Wednesday to revive a proposed class action alleging executives downplayed the seriousness of state and federal scrutiny into the company's purportedly sexist workplace culture, saying the company implemented drastic changes while telling investors the investigations were "not significant."