More trouble for CD Projekt is brewing in the face of Cyberpunk 2077’s release.
It’s being reported that several investors of CD Projekt are eyeing up a move to potentially sue CD Projekt over its handling of the release of Cyberpunk 2077.
It’s been a historically rough time for the company since it released the game the other week. What should have been a time of celebration has turned into an ever-growing pile of complaints from all corners. It’s seen the game pulled from PlayStation stores and a mass of refunds requests, especially from previous-gen players.
However, it could be about to face its most potent detractors – it’s investors. According to the New York Times (via VGC), a Warsaw-based investor and lawyer is said to be considering a class-action lawsuit against the company. This will depend on if they would be able to prove that CD Projekt “misrepresentation in order to receive financial benefits.”
Elsewhere, New York investor Wolf Haldenstein Adler Freeman & Herz LLP said (via Yahoo! Finance) that it was also considering a case and looking to bring in other investors to prosecute.
They are investigating the legality of the case on the grounds of “allegations that CD Projekt may have issued materially misleading information to their shareholders and investing public.”
The biggest issue for investors seems to be down to Sony deciding to take the game off of the PlayStation Store, which will see a loss of revenue. That has been compounded as the developer has said players can ask for a refund.
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It’s hard to say how seriously hard any of these could actually go in a court of law. Regardless it’s not a great look either way. Here’s hoping that CD Projekt is given time to fix the state of the game.
The patches in January and February should hopefully go a long way in making the game more stable.
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Source: https://www.vg247.com/2020/12/20/cd-projekt-face-lawsuits-investors-cyberpunk-2077/
