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Multiple Law Firms Announce Class Action Lawsuits Against Activision Blizzard After Bungie Split https://wccftech.com/law-firms-class-action-activision-bungie/ The biggest news of 2019 so far in the games industry has to be Bungie splitting from Activision Blizzard (NASDAQ:ATVI 47.27 2.72%) on publishing the Destiny franchise. Following this news, Activision Blizzard stock dropped ten percent. Today, two different law firms have announced upcoming class action lawsuits against Activision Blizzard, both citing materially false and misleading public statements by the publisher just ahead of the aforementioned news. The Class Period is for investors who have purchased shares of the company between August 2nd, 2018 and January 10th, 2019; interested parties will have to take action no later than March 19th, 2019. We’ve posted the relevant excerpts from the press releases sent out by the two law firms. For the record, these were not the first law firms to announce class action lawsuits for the very same complaint. Federman & Sherwood, Pomerantz LLP, Levi & Korsinsky, LLP, and Faruqi & Faruqi, LLP already did the same between last week and this week. Rosen Law Firm According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the termination of Activision Blizzard (ATVI) and Bungie Inc.’s partnership, giving Bungie full publishing rights and responsibilities for the Destiny franchise, a series of science fiction-themed video games, was imminent; (2) the termination of the two companies’ relationship would foreseeably have a significant negative impact on Activision Blizzard’s revenues; and (3) as a result, Activision Blizzard’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 19, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-1493.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or zhalper@rosenlegal.com. The Schall Law Firm If you are a shareholder who suffered a loss, click here to participate. https://schallfirm.com/join-action-form/?slug=activision-blizzard-inc&id=1706 We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, 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 brian@schallfirm.com. 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’s termination of its partnership with Bungie Inc., which would give full publishing rights for the Destiny gaming franchise to Bungie, was about to occur. The end of the agreement between the two Companies was likely to have a considerable negative impact on Activision Blizzard’s revenues moving forward. Based on these facts, the Company’s public statements throughout the class period were false and materially misleading. When the market learned the truth about Activision Blizzard (ATVI), investors suffered damages. ==== 簡單來說就是和Bungie分手事件時的內線交易。 各家律師事務所代表投資人提起了聯合訴訟。 這新聞中有兩家事務所的聲明。 -- 在PTT混久了會得到很多稱號,像我就有: 藍的、綠的、吱吱、蛆蛆、糞青、覺青、獨派、華腦、柯粉、網軍.... 最近我發現我又多了: 五毛、瘋seafood、洗文的 可惜這些稱號都沒有屬性加成呢! -- ※ 發信站: 批踢踢實業坊(ptt.cc), 來自: 1.165.35.97 ※ 文章網址: https://www.ptt.cc/bbs/C_Chat/M.1548389687.A.F27.html wizardfizban:轉錄至看板 HatePolitics 01/25 12:14
dreamnook: let's party 01/25 12:15
wizardfizban:轉錄至看板 Steam 01/25 12:15
dreamnook: 等一下 怎能轉政黑XDD 01/25 12:15
就習慣了...轉錯了嘛!
TABEKING: 今 01/25 12:15
※ 編輯: wizardfizban (1.165.35.97), 01/25/2019 12:16:16
paladin90974: XDDDD 01/25 12:16
spfy: 別急 另一個對手只拿出外套來應戰 01/25 12:16
linzero: 不轉股版? 01/25 12:16
gargoyles: 轉政黑xDD 01/25 12:17
wate5566: 今年一定 01/25 12:17
jim924211: 你的那些稱號,我也都有XD 01/25 12:17
y1896547: 海巡:西洽是最大暴黑集散地 01/25 12:18
o07608: 瘋法母湯 01/25 12:23
SCLPAL: XDDDDD 01/25 12:24
audi1005: 不意外 01/25 12:25
ayubabbit: 今 01/25 12:26
wizardfizban: 我轉文還在想怎轉去steam版了文不見了 01/25 12:28
Aggro: XDDDDDDDDDDDDDDDDDDDDDD 快笑死 01/25 12:33
roc074: 這整件事情匪夷所思 01/25 12:40
axakira: 另一家B社被吉也是遲早的事 01/25 12:41
kerry0496x: 爽! 01/25 12:51
wolver: 內線被吉很正常,有人賺肯定有傻子賠 01/25 12:52
Xinlong: 諸事大吉! 01/25 13:14
chuckni: 繼續下探,什麼時候可以入場? 01/25 13:15
lv256: 內線交易要被告到飛天了嗎w 01/25 13:24
zweihander99: 推王囉 01/25 13:29
gametv: 轉政黑XDD 01/25 14:05
ctes940008: 哈哈哈 01/25 15:24
nihilistrue: 還好賣得早...其實還賣太早,D3出之前買2016賣,應 01/25 16:23
nihilistrue: 該撐到去年初或中才算有賺。 01/25 16:23
poke001: 暴雪這個真的會飛天XD 吉到飛天 01/25 17:58