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Oct. 1, 2021, 5:26 a.m. EDT

SHAREHOLDER ALERT: The Gross Law Firm 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, Oct 01, 2021 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - October 1, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Activision Blizzard, Inc. /zigman2/quotes/200717283/composite ATVI +0.02% .

Shareholders who purchased shares of ATVI during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/activision-blizzard-inc-loss-submission-form/?id=20033&from=5

CLASS PERIOD : August 4, 2016 to July 27, 2021

ALLEGATIONS : The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (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.

DEADLINE: October 4, 2021 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/activision-blizzard-inc-loss-submission-form/?id=20033&from=5

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ATVI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 4, 2021. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98231

COMTEX_394368717/2523/2021-10-01T05:25:30

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

/zigman2/quotes/200717283/composite
US : U.S.: Nasdaq
$ 57.29
+0.01 +0.02%
Volume: 8.60M
Dec. 2, 2021 4:00p
P/E Ratio
16.97
Dividend Yield
0.82%
Market Cap
$44.61 billion
Rev. per Employee
$851,474
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