Law firm alleges executives lied about the state of game's console versions, is currently looking for a shareholder to serve as lead plaintiff
CD Projekt S.A. is facing a legal battle over Cyberpunk 2077, as Rosen Law Firm today announced it has filed a class-action lawsuit against the company alleging executives lied to investors about the state of the game on Xbox One and PlayStation 4 systems.
The suit claims that CD Projekt management failed to disclose that the game was "virtually unplayable" on the consoles "due to an enormous number of bugs," resulting in Sony pulling the digital version of the game from sale and Microsoft and other sellers offering refunds for Cyberpunk 2077 purchases.
"Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times," the firm said. "When the true details entered the market, the lawsuit claims that investors suffered damages."
Rosen does not currently have a lead plaintiff for the suit, and is asking CD Projekt shareholders interested in joining the suit to fill out a form online.
The Rosen suit in the US may not be the only such action CD Projekt faces, as a Polish attorney has also said he is considering a suit against the company in its home country.
https://news.google.com/__i/rss/rd/articles/CBMiaWh0dHBzOi8vd3d3LmdhbWVzaW5kdXN0cnkuYml6L2FydGljbGVzLzIwMjAtMTItMjQtY2QtcHJvamVrdC1mYWNpbmctY2xhc3MtYWN0aW9uLXN1aXQtb3Zlci1jeWJlcnB1bmstMjA3N9IBZGh0dHBzOi8vd3d3LmdhbWVzaW5kdXN0cnkuYml6L2FtcC8yMDIwLTEyLTI0LWNkLXByb2pla3QtZmFjaW5nLWNsYXNzLWFjdGlvbi1zdWl0LW92ZXItY3liZXJwdW5rLTIwNzc?oc=5
2020-12-24 22:10:13Z
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