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The New York-based Rosen Law Firm has filed a class action lawsuit against Cyberpunk 2077 publisher CD Projekt SA for its alleged violation of federal securities laws.
Announced in a press release, Rosen Law Firm is filing the class action lawsuit on behalf of the purchasers of the CD Projekt SA securities between January 16, 2020 and December 17, 2020, and is seeking to “recover damages for the CD Projekt investors under federal securities laws. “
The lawsuit claims that CD Projekt “made false and / or misleading statements” and / or failed to disclose that “Cyberpunk 2077 was virtually unplayable on current generation Xbox or PlayStation systems due to an enormous amount of bugs.”
In response to the many issues and confusing messages surrounding the game’s release, Sony removed Cyberpunk 2077 from the PS Store and Sony, Microsoft, and CD Projekt “would be forced to offer full refunds for the game.”
The lawsuit asserts that, as a result of the foregoing, “CD Projekt would suffer reputational and financial damage” and that its “statements about its business, operations and prospects were materially false and misleading and / or lacked a reasonable basis. Relevant times. When the real details entered the market, the lawsuit alleges that investors suffered damages. “
This news follows a previous report that lawyers and investors in Warsaw, Poland, where CD Projekt SA is located, were “turning the tide” and deciding whether or not to take action.
Despite all these issues and CD Projekt’s stock price dropping around 29% at launch, it didn’t stop Cyberpunk 2077 from selling over 13 million copies and recouping all of its development and marketing costs on orders alone. anticipated.
If you can overcome some of the issues and are enjoying the game, be sure to check out our Cyberpunk 2077 tutorial, tips and tricks, and hacking tips.
Do you have any advice for us? Do you want to discuss a possible story? Send an email to [email protected].
Adam Bankhurst is a news writer for IGN. You can follow him on Twitter @AdamBankhurst and on Twitch.
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