We suppose it was only a matter of time before the entire ruckus ends up in court, as Rosen Law Firm filed a class action lawsuit against the Cyberpunk 2077 developer.
CDPR's fortunes have really taken a sharp turn while riding on the Cyberpunk 2077 rollercoaster, but while the fans are talking about refunds and patches, investors are crying foul and talking about lawsuits.
"Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of CD Projekt S.A. (OTC: OTGLY, OTGLF) between January 16, 2020 and December 17, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for CD Projekt investors under the federal securities laws", the firm wrote.
As you can see, the Class Period is just the year 2020, during which Cyberpunk 2077 developer is accused of making false and/or misleading statements that failed to disclose the following:
- That Cyberpunk 2077 was virtually unplayable on PS4/Xbox One due to bugs
- That Sony would have to take it off of PlayStation Store, with both them and Microsoft forced to issue full refunds
- That CDPR would suffer reputational and pecuniary harm
- "As a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times"
If you're interested in legal matters and wish to sift through the documentation yourself, you'll find all the links needed here .
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