NYC sues Activision-Blizzard claiming Bobby Kotick rushed Microsoft sale to avoid liability Activision-Blizzard \/ Pexels: Sora ShimazakiNew York City has become the latest to sue Activision-Blizzard following the company\u2019s numerous sexual misconduct scandals, alleging that CEO Bobby Kotick rushed the Microsoft sale to avoid liability. Back on January 19, Microsoft shocked the gaming landscape by announcing they had purchased Activision-Blizzard for a whopping $70 billion. The news came as Activision found itself under pressure from both outside and within after numerous lawsuits had been filed claiming that employees had been victims of sexual misconduct, among other allegations. Now, a number of entities in New York\u2019s public sector \u2013 ranging from firefighters, police and education \u2013 are claiming that Bobby Kotick rushed into the Microsoft deal to escape responsibility. New York City sues Activision-Blizzard According to Axios, the lawsuit, an action in Delaware\u2019s Court of Chancery, allows stockholders to demand companies open their books \u2013 and as a result, expose potential wrongdoing. Of note, they\u2019re trying to discover if Kotick knew of the alleged sexual misconduct at the company and to what extent. \u201cGiven Kotick\u2019s personal responsibility and liability for Activision\u2019s broken workplace, it should have been clear to the Board that he was unfit to negotiate a sale of the Company,\u201d the lawsuit stated. This lawsuit is going for Kotick: saying he rushed into Microsoft’s $95\/share offer because of how much money he would make, and that the board accepted an offer with 30 days of WSJ’s report in November of what was happening internally. pic.twitter.com\/UjO93Xtjrf \u2014 CharlieIntel (@charlieINTEL) May 4, 2022 The lawsuit also states that Microsoft\u2019s offer \u201cundervalues\u201d the company at $95\/share, but Kotick stood to make a big profit off the deal. We\u2019ll have to see what the future holds for the lawsuit and if it ends up causing some big issues for the company amid the Microsoft merger.<\/p>\n","protected":false},"excerpt":{"rendered":"
NYC sues Activision-Blizzard claiming Bobby Kotick rushed Microsoft sale to avoid liability Activision-Blizzard \/ Pexels: Sora ShimazakiNew York City has become the latest to sue Activision-Blizzard following the company\u2019s numerous sexual misconduct scandals, alleging that CEO Bobby Kotick rushed the Microsoft sale to avoid liability. Back on January 19, Microsoft shocked the gaming landscape by […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21938","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=21938"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21938\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=21938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=21938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=21938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}