Los Angeles, CA - (NewMediaWire) - September 13, 2021 - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit againstActivision Blizzard, Inc. (“Activision Blizzard” or “the Company”) (NASDAQ: ATVI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between August 4, 2016 and July 27, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before October 4, 2021.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Activision Blizzard discriminated against both women and minorities employed by its organization. The Company allowed a “frat boy” culture to thrive in its offices. Numerous employee complaints of sexual harassment, retaliation, and other inappropriate activities were reported to human resources and executives only to be ignored. The Company failed to inform investors that it was under investigation by the California Department of Fair Employment and Housing (“DFEH”) over allegations of sexual harassment and other discrimination. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Activision Blizzard, investors suffered damages.
Join the caseto recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
The Schall Law Firm
Brian Schall, Esq.,
The Schall Law Firm