US government investigates CEO Bobby Kotick over Activision Blizzard allegations Activision-Blizzard \/ Pexels: Sora ShimazakiAs the US federal government\u2019s investigation into misconduct allegations against Activision Blizzard builds, employees like Bobby Kotick have reportedly been subpoenaed by the SEC. Activision Blizzard\u2019s allegations have ranged from sexual misconduct to union busting, with the Securities and Exchange Commission involved in the process and taking steps to investigate the popular company. Now, as reported by the Wall Street Journal\u2019s Kirsten Grind and Sarah E. Needleman, sources claim the SEC are subpoenaing CEO Bobby Kotick, among other senior Activision Blizzard executives. A series of allegations were spurred by accusations of a \u201cpervasive frat boy culture\u201d in the Californian government\u2019s lawsuit against the gaming company. On September 20, this latest development illustrates the SEC\u2019s growing involvement. SEC investigating Activision-Blizzard & CEO Bobby Kotick The SEC is investigating Activision Blizzard over sexual misconduct allegations and improper disclosures, the WSJ reports. It has subpoenaed Activision Blizzard CEO Bobby Kotick among others https:\/\/t.co\/HPZAV6G2ik pic.twitter.com\/l7GxhC0jzj \u2014 Jason Schreier (@jasonschreier) September 20, 2021 As shared by Bloomberg reporter Jason Schreier, the SEC has joined the investigation and has subpoenaed Kotick and others. In doing so, the federal government is specifically requesting information and cooperation from the company\u2019s highest-level representatives to court over the aforementioned misconduct allegations. After the initial California lawsuit, further legal cases have emerged. Activision Blizzard\u2019s first response was described as \u201cabhorrent,\u201d with employees proceeding to go on strike and publicly critique the publicly traded company. In the few months since, Activision Blizzard\u2019s franchised leagues \u2014 the Call of Duty and Overwatch Leagues \u2014 have both lost a variety of sponsors, seemingly related to the growing legal troubles. The Wall Street Journal is reporting that the SEC is now investigating Activision Blizzard over the allegations of sexual misconduct and workplace inequality. WSJ also reports that the SEC has subpoenaed Activision Blizzard CEO Bobby Kotick, along with other senior executives. \u2014 CharlieIntel (@charlieINTEL) September 20, 2021 Additionally, Blizzard president J. Allen Brack\u2019s resignation was not enough to satisfy concerns over the company\u2019s culture, as more cases emerged. With the federal labor complaint lodged by employees over \u201cunion busting\u201d and a lawsuit over \u201cfalse and misleading\u201d behavior by shareholders, the company is under the microscope. Now, with the WSJ\u2019s latest report, it appears that the SEC is holding said microscope toward Kotick and Activision Blizzard\u2019s top brass.<\/p>\n","protected":false},"excerpt":{"rendered":"
US government investigates CEO Bobby Kotick over Activision Blizzard allegations Activision-Blizzard \/ Pexels: Sora ShimazakiAs the US federal government\u2019s investigation into misconduct allegations against Activision Blizzard builds, employees like Bobby Kotick have reportedly been subpoenaed by the SEC. Activision Blizzard\u2019s allegations have ranged from sexual misconduct to union busting, with the Securities and Exchange Commission […]<\/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-22006","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/22006","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=22006"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/22006\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=22006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=22006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=22006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}