https://wccftech.com/activision-blizzard-shareholder-investigation-nyt-misconduct-stories/

Activision Blizzard continues to face pressure from all sides after an explosive lawsuit was made public last week. California’s Department of Fair Employment and Housing (DFEH) has filed suit against Activision Blizzard, alleging widespread gender-based discrimination and sexual harassment at the Call of Duty and World of Warcraft publisher. Activision Blizzard’s official response to the suit accuses the DFEH of “distorted […] and false” descriptions and insists the picture painted is “is not the Blizzard workplace of today.” An open letter objecting to the official response was signed by thousands of current and former Acti-Blizz employees, and a walkout was staged on Wednesday. Acti-Blizz CEO Bobby Kotick would eventually apologize for the company’s initial response, calling it “tone deaf.”

It isn’t just the government and Activision Blizzard’s own employees that are unhappy with the company, as GamesIndustry.biz reports shareholders have launched an investigation as well. Said investigation is being conducted by shareholder rights law firm Robbins LLP, who will be looking to see if the company violated the securities exchange act and “breached their fiduciary duties to the company” via their mismanagement. Activision Blizzard stock prices have indeed dropped around 7 percent since news of the DFEH lawsuit broke.