informa
1 MIN READ
News

CD Projekt gearing up for 'vigorous action' against investor lawsuit

CD Projekt, parent company of CD Projekt Red, has announced it will take 'vigorous action' to defend itself from a December class action lawsuit filed by Rosen Law Firm.

CD Projekt, the parent company of CD Projekt Red which developed Cyberpunk 2077, has told investors it will mount a "vigorous defense" against a class action lawsuit filed over the game's release.

In December the calamitous conditions around Cyberpunk 2077's release took a dire turn when Sony agreed to provide players refunds for the game on PlayStation only after yanking it from the console's digital store. (Microsoft and other platform owners would expand their refund policies as well, but did not remove the game from sale.)

In the aftermath, a group of investors led by Rosen Law Firm filed a class action lawsuit against CD Projekt, alleging that the company made false or misleading statements and failed to disclose that the game was "virtually unplayable" on then-current-generation consoles.

Over the holidays CD Projekt told investors that it had been made aware of the lawsuit and that it "will undertake vigorous action to defend itself" from its claims. It also noted that the Rosen Law Firm did not specify a specific quantity of damages to be claimed in the suit.

Latest Jobs

Xbox Game Studios

Redmond, Washington
10.5.22
Technical Lighting Artist

Innogames

Hamburg, Germany
10.5.22
Game Designer - Elvenar

Six Foot

Houston, TX
10.3.22
Six Foot Director, Player Relations

Hometopia Inc.

Remote
10.7.22
Lead Engineer
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more