CD Projekt SA, the Polish video-game writer of Cyberpunk 2077, mentioned it can defend itself vigorously after an investor sued the corporate for allegedly deceptive holders of its depository receipts and incurring losses.
The investor filed the suit in federal courtroom in Los Angeles, claiming he was misled by the maker of the error-plagued sport, which triggered shares to dive after its launch earlier this month. Sony Corp. eliminated Cyberpunk 2077 from the Playstation retailer, and Sony, Microsoft Corp. and the corporate have been compelled to supply full refunds for the sport.
“The plaintiffs call for the court to adjudicate whether the actions undertaken by the company and members of its management board in connection with the release of Cyberpunk 2077 constituted a violation of federal laws, i.e. by misleading investors and consequently causing them to incur losses,” the corporate mentioned in a submitting late on Friday, vowing to defend itself “vigorously against any such claims.”
The amount of the damages has not been specified within the grievance, it mentioned. The firm’s American Depositary Receipts fell 25% within the three days after Cyberpunk 2077 was launched on December 10. They fell one other 16% after Sony eliminated the sport from its Playstation retailer on December 18.