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Sept. 21, 2021, 4:40 p.m. EDT

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Activision Blizzard, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 4, 2021 - ATVI

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New York, New York, Sep 21, 2021 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - September 21, 2021) -  The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Activision Blizzard, Inc. ("Activision Blizzard") /zigman2/quotes/200717283/composite ATVI -0.53% between August 4, 2016 and July 27, 2021 . You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information go to:

https://www.zlk.com/pslra-1/activision-blizzard-inc-loss-submission-form?prid=19754&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Activision Blizzard, Inc. NEWS - ATVI NEWS

CASE DETAILS: According to the filed complaint: (1) Activision Blizzard discriminated against women and minority employees; (2) Activision Blizzard fostered a pervasive "frat boy" workplace culture that continues to thrive; (3) numerous complaints about unlawful harassment, discrimination, and retaliation were made to human resources personnel and executives which went unaddressed; (4) the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard's operations; (5) as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect; (6) Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for harassment and discrimination; and (7) as a result, Defendants' statements about Activision Blizzard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Activision Blizzard, you have until October 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Activision Blizzard securities between August 4, 2016 and July 27, 2021, you may be entitled to compensation without payment of any out-of-pocket costs or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/activision-blizzard-inc-loss-submission-form?prid=19754&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars for shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by corporations.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington, D.C. The Firm's Founding Partners, Joseph Levi and Eduard Korsinsky, have been representing shareholders and institutional clients for almost 20 years and have achieved remarkable results for clients in the U.S. and internationally. The firm, with more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those that we represent. Our attorneys have extensive expertise representing investors in securities litigation with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked in Institutional Shareholder Services' ("ISS") SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs' securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97211

COMTEX_393757473/2523/2021-09-21T16:40:14

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copyright (c) newsfile corp. 2021. all rights reserved

/zigman2/quotes/200717283/composite
US : U.S.: Nasdaq
$ 80.76
-0.43 -0.53%
Volume: 6.42M
Oct. 26, 2021 4:00p
P/E Ratio
24.21
Dividend Yield
0.58%
Market Cap
$63.14 billion
Rev. per Employee
$851,474
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