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It happened, filed in California
https://www.polygon.com/2020/12/24/22199252/cyberpunk-2077-cd-projekt-class-action-lawsuit-filed
Rosen Law Firm said it filed the suit on behalf of investors that purchased securities — like stock — between the period of Jan. 16 to Dec. 17, 2020. In the lawsuit, lawyers said CD Projekt made “false and/or misleading” statements about Cyberpunk 2077, which was released on Dec. 10
According to the suit, CD Projekt didn’t disclose enough information that Cyberpunk 2077 was buggy and “virtually unplayable” on PlayStation 4 and Xbox One. Specifically, the statements called out in the lawsuit are regarding the company’s claim that the game was “complete and playable” in January 2020, despite the game being delayed to September. In one instance, during a conference call announcing a further delay, CD Projekt president and joint CEO Adam Kiciński said Cyberpunk 2077 responded to worries concerning the PlayStation 4 and Xbox One versions of the game. Kiciński told investors there was “no problem” with the versions, just optimization to be done, lawyers said.
Because of the game’s issues, Sony removed Cyberpunk 2077 from the PlayStation Store, with most storefronts and retailers offering full refunds on the game. Lawyers stated in an accompanying news release for the lawsuit that the statements concerning the Playstation 4 and Xbox One versions of the game were “materially false” and “misleading.” When the full scale of Cyberpunk 2077’s problems emerged, the investors “suffered damages,” according to lawsuit, due to an “artificially inflated” market price. On Dec. 11, CD Projekt stock dropped dramatically after complaints about performance circulation on social media.
More can follow
Investors in Poland are also considering a class action lawsuit, the New York Times reported. Another law firm, Wolf Haldenstein Adler Freeman & Herz, is also investigating “potential securities claims.”
