Some Activision Blizzard investors have unsuccessfully filed lawsuits over allegations of sexism at the company.
–
Investors have a certain amount of power when it comes to making decisions in a company. However, some Activision Blizzard investors have been brought back down to earth by a district judge.
Allegations of sexual harassment, bullying and discrimination in the Activision Blizzard case have persisted for a long time. After official investigations were announced last year, some of the company’s financiers have banded together and filed a class action lawsuit. The lawsuit was against the company itself, as the investigation suspected fraud, which can rapidly erode the company’s value.
The lawsuit alleges that allegations of problems were ‘downplayed’ during investigations by the California Department of Fair Employment and Housing (DFEH) and the Equal Employment Opportunity Commission (EEOC). These allegations were already declared unfounded by the district judge, a rather small instance in the American legal system, because the media made more out of a routine investigation than it actually was.
Such a rejection is not final, the plaintiffs have the opportunity within 30 days to bring up the allegations again. However, there is no guarantee that you will then have a greater chance of success.
–
