Cyberpunk 2077 has had an eventful launch, to say the least. The game’s launch came alongside overwhelmingly positive reviews, as well as record-breaking sales. However, it also came alongside the revelation that the game ran very poorly on PS4 and Xbox One. Since then, Cyberpunk 2077 has been delisted from the PlayStations storefront and Xbox is providing full refunds. As if things couldn’t get any worse for CD Projekt, the company is also now being threatened with a potential Class Action Lawsuit.
Two specific examples are being provided as evidence of a potential class-action lawsuit against CD Projekt. The first comes from the Polish law firm of Mikołaj Orzechowski, who says that his team is currently analyzing grounds for a class action lawsuit as well as the possibility that CD Projekt illegally misrepresented itself for financial benefits. Orzechowski is seeking others who would be interested in joining such a suit. Orzechowski also says that they are an investor in CDPR.
The second threat comes from New York law firm Wolf Haldenstein Adler Freeman & Herz LLP. The firm issued a press release Friday saying that it’s currently investigating “potential securities claims” against CD Projekt on behalf of shareholders. Specifically, allegations that CD Projekt’s management may have issued misleading information to its shareholders and the public. Wolf Haldenstein also asks for those who may have incurred a loss due to investment CD Projekt to contact the firm.
As of yet, no firm has yet announced that it has filed a class-action lawsuit against CD Projekt either in the US or in another country. That law firms both in Poland and in the US have publically announced they’re investigating potential class actions is indicative of the direction things are going, however. It seems like just a matter of time, at this point.
The investigations seem to be directly a result of CD Projekt’s stock price dramatically falling since Cyberpunk 2077‘s release on December 10. The first drop came immediately after launch in reaction to the game running poorly on PS4 and Xbox One, and just being very buggy in general. The second drop came after Sony delisted Cyberpunk 2077 from the PlayStation store so that it could issue refunds that would otherwise be unavailable through a routine process.
To clarify, none of the class actions being threatened right now are related to those who purchased Cyberpunk 2077. They’re for shareholders and investors who believe that CD Projekt potentially lied to or manipulated them in the lead-up to the game’s release. It’s possible that may change in the future, however.
Cyberpunk 2077 is available now on PC, Stadia, Xbox One, and Xbox Series X/S.
Source: Bankier.pl, Yahoo Finance (via PC Gamer)
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