Activision Alert: Should Management be Held Accountable for Shareholder Losses? Contact Johnson Fistel
Johnson Fistel, LLP is investigating potential claims on behalf of Activision Blizzard, Inc. (NASDAQ: ATVI) against certain of its officers and directors.
If you are a current, long-term shareholder of Activision you may have standing to hold Activision harmless from the alleged harm caused by the Company’s officers and directors by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.
Recently Activision settled with the SEC to pay $35 million after allegations that Activision violated whistleblower-protection rule by requiring former employees to provide notice to the company if they were contacted by the SEC’s staff for information. Allegations included that the company lacked sufficient internal control and procedures among its separate business units. This resulted in the company failing to identify issues within the company that would require a public disclosure.
If you are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com