LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Activision Blizzard, Inc. (“Activision Blizzard” or “the Company”) (NASDAQ: ATVI) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Activision Blizzard is the target of a lawsuit filed by California’s Department of Fair Employment and Housing on July 20, 2021. The lawsuit claims that women working at the Company were subjected to “constant sexual harassment,” which executives were aware of. The lawsuit alleges that the Company violated the Equal Pay Act and the Fair Employment and Housing Act. Based on this news, shares of Activision Blizzard suffered considerable losses over the next several trading sessions.
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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.
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