The Management Board of CD Projekt S.A. made the regulatory announcement in response to New York-based Rosen Law Firm filing the aforementioned class-action lawsuit on behalf of purchasers in the USA of the securities of CD Projekt S.A. between January 16, 2020, and December 17, 2020.
It acknowledges that the lawsuit is meant for the court to decide “whether the actions undertaken by the Company and members of its Management Board in connection with the release of Cyberpunk 2077 constituted a violation of federal laws, i.a. by misleading investors and, consequently, causing them to incur damages.”
CD Projekt also notes that the “complaint does not specify the quantity of damages sought” and that it will, as previously mentioned, “undertake vigorous action to defend itself against any such claims.”
The lawsuit from Rosen Law Firm claims that CD Projekt had “made false and/or misleading statements” and/or failed to disclose that “Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or PlayStation systems due to an enormous number of bugs.”
[widget path=”global/article/imagegallery” parameters=”albumSlug=cyberpunk-2077-portraits-photo-mode-gallery&captions=true”]
In response to the above and the messy messaging surround the game’s launch, Sony removed Cyberpunk 2077 from the PS Store and Sony, Microsoft, and CD Projekt would “be forced to offer full refunds for the game.”
Have a tip for us? Want to discuss a possible story? Please send an email to email@example.com.