Article 5C5G1 CD Projekt Red investors sue company over Cyberpunk 2077 debacle

CD Projekt Red investors sue company over Cyberpunk 2077 debacle

by
Kate Cox
from Ars Technica - All content on (#5C5G1)
cpglitch-800x450.png

Enlarge / People are complaining about situations like this in Cyberpunk 2077. (credit: CDPR / Twitter)

On its release day, Cyberpunk 2077 immediately pivoted from one of the holiday season's most hotly anticipated new games to one of this year's biggest debacles, as bugs both comical and game-breaking proved to be so prolific on consoles that Sony even delisted the title entirely from its digital storefront for the time being. Developer and publisher CD Projekt Red has had its hands full for the last few weeks juggling broad mockery and unhappy customers, and now there's a new woe on their pile: shareholder suits.

Two different law firms announced last week they were filing suit against CD Projekt, alleging the company violated securities law by misleading investors (and everyone else) about the state of Cyberpunk 2077 and whether it would be playable on current-generation consoles, the PlayStation 4 and XBox One.

Statements CD Projekt Red made about Cyberpunk throughout 2020 were "materially false and misleading," the complaint (PDF) alleges, because the company failed to mention that the game "was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs."

Read 10 remaining paragraphs | Comments

index?i=BVKcyY6yto8:OmbRpF3SLIA:V_sGLiPB index?i=BVKcyY6yto8:OmbRpF3SLIA:F7zBnMyn index?d=qj6IDK7rITs index?d=yIl2AUoC8zA
External Content
Source RSS or Atom Feed
Feed Location http://feeds.arstechnica.com/arstechnica/index
Feed Title Ars Technica - All content
Feed Link https://arstechnica.com/
Reply 0 comments