shares

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…