Activision Blizzard, Inc

A securities class action has been filed against Activision Blizzard, Inc. (ATVI) on behalf of persons or entities who purchased or otherwise acquired publicly traded Activision Blizzard securities between August 4, 2016 through July 27, 2021. This case has been filed in the USDC – C.D.CA.

Activision Blizzard stock prices from August 2016 to July 2021

The Complaint alleges that Individual Defendants, who are the senior officers and/or directors of the Company, had actual knowledge of the material omissions and/or the falsity of the material statements set forth above, and intended to deceive Plaintiff and the other members of the Class, or, in the alternative, acted with reckless disregard for the truth when they failed to ascertain and disclose the true facts in the statements made by them or other Activision Blizzard personnel to members of the investing public, including Plaintiff and the Class. As a result of the foregoing, the market price of Activision Blizzard securities was artificially inflated during the Class Period