Activision Blizzard’s latest legal troubles are now coming from New York City, as Axios reports a suit was filed in Delaware by New York City Employees’ Retirement System and pension funds for the city’s teachers, police, and firefighters.
As Activision Blizzard stockholders, they are suing the publisher, and targeting chief executive officer Bobby Kotick, alleging that the sale to Microsoft was rushed, in order for him to avoid liability regarding the companies legal problems.
“Given Kotick’s personal responsibility and liability for Activision’s broken workplace, it should have been clear to the Board that he was unfit to negotiate a sale of the Company.”
This is just the most recent lawsuit on top of the many others that have piled up in recent years, all relating in some way to the alleged toxic work environment that permeated all throughout the company.
Recently, a special meeting was held for Activision Blizzard shareholders to vote on the sale to Microsoft. The deal was approved by almost 100% of shareholders, with more than 98% voting in favour of the deal.
Source – [Axios]