Lawsuits Come For CD Projekt After 'Cyberpunk 2077' Controversies
The Fallout 76-esque trajectory of Cyberpunk 2077's launch continued last week when New York-based Rosen Law Firm filed a suit against CD Projekt Red for making "false or misleading statements" about the game ahead of launch.
The suit was filed on behalf of investors into CD Projekt Red who purchased stock in 2020. According to the suit, CD Projekt failed to disclose that the PlayStation 4 and Xbox One versions of the game were "virtually unplayable" upon release, leading to the immense backlash against the game and the studio. The suit targets a specific statement made by CD Projekt in January that the game was "complete and playable" after it was delayed to September. They also responded to concerns about the PS4 and Xbox One versions of the game by saying it was "fine" but needed to be "optimized."
Launch day proved those claims false, leading to drastic steps such as CD Projekt Red offering refunds and Sony pulling the game from the PlayStation store.
Investors lost money after CD Projekt's stock dropped dramatically on December 11th, the day after the game's release. The suit is seeking an unspecified amount of damages. Investors in Poland are also considering a lawsuit, according to the New York Times, and law firm Wolf Haldenstein Adler Freeman & Herz is also investigating potential securities claims.
At least CD Projekt Red didn't promise players a canvas bag.
Comments ( 1 )
Sorry, but you must activate your account to post a comment.