New York, New York – (Newsfile Corp. – August 8, 2021) – The following statement is released by Levi & Korsinsky, LLP:
To: All persons or entities who have purchased or otherwise acquired securities of Activision Blizzard, Inc. (“Activision Blizzard”) (NASDAQ: ATVI) between August 4, 2016 and July 27, 2021. You are hereby notified that a securities class action lawsuit has been brought in the United States District Court for the Central District of California. For more information, visit:
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.
Activision Blizzard, Inc. NEWS – ATVI NEWS
CASE DETAILS: According to the complaint filed: (1) Activision Blizzard discriminated against women and minority employees; (2) Activision Blizzard fostered a pervasive “frat boy” corporate culture that continues to thrive; (3) numerous complaints regarding unlawful harassment, discrimination and retaliation were lodged with human resources staff and senior management and were not addressed; (4) the pervasive culture of harassment, discrimination and retaliation would seriously alter the operations of Activision Blizzard; (5) as a result of the above, the Company was at greater risk of regulatory and legal review and enforcement, including which would have a material adverse effect; (6) Activision Blizzard failed to notify shareholders that the California Department of Fair Employment and Housing had investigated Activision Blizzard for harassment and discrimination; and (7) accordingly, Defendants’ statements regarding Activision Blizzard’s business, operations and prospects were materially false and misleading and / or lacked reasonable basis at all material times.
WHAT THIS MEANS FOR SHAREHOLDERS: If you suffered a loss in Activision Blizzard, you have up to October 4, 2021 ask the court to appoint you as the principal plaintiff. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you purchased Activision Blizzard titles between August 4, 2016 and July 27, 2021, you may be entitled to compensation without payment of fees or disbursements.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/activision-blizzard-inc-loss-submission-form?prid=18329&wire=5 or call 212-363-7500 to discuss the case with Joseph E Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in the United States. The SCAS Top 50 report identifies the leading plaintiff securities law firms in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
Phone. : (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92450