activision-blizzard-being-investigated-by-shareholders-amid-shares-slump VG247

Activision Blizzard being investigated by shareholders amid shares slump

By Dom Peppiatt 28 July 2021 10:06 GMT In the wake of ongoing controversies surrounding Activision Blizzard‘s sexual harassment lawsuit, shareholders are investigating the company as its stocks start to slump.Shareholder rights law firm Robbins LLP is investigating Activision Blizzard to determine whether certain Activision officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the company, according to a note shared on BusinessWire.Pre-market stats suggest the shares are starting to rally – albeit slightly – but overall, Activision Blizzard stocks have dropped by as much as 7% on Tuesday as the legal mess…

activision-blizzard-employees-staging-walkout-in-support-of-lawsuit-and-to-protest-current-leadership VG247

Activision Blizzard employees staging walkout in support of lawsuit and to protest current leadership

Activision Blizzard employees will stage a walkout to protest the company’s leadership and in support of the lawsuit brought by the state of California over allegations of harassment and bullying.The walkout will take place tomorrow, July 28, at Blizzard’s campus in Irvine, California.Along with news of the walkout, employees of the company released an official statement with a list of demands it wants company executives to adhere to (thanks, to the employees, the walkout can be partially attributed to statements made by Activision Blizzard last week regarding the lawsuit along with comments made by Frances Townsend in an internal…