(ATVI) Alert: Johnson Fistel Reminds Investors of Deadline in the Class Action Lawsuit Against Activision Blizzard, Inc.

(ATVI) Alert: Johnson Fistel Reminds Investors of Deadline in the Class Action Lawsuit Against Activision Blizzard, Inc.

PR Newswire

SAN DIEGO, Feb. 23, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP reminds investors that a class action lawsuit has been filed against Activision Blizzard, Inc. ("Activision") (NASDAQ: ATVI) on behalf of all purchasers of common stock during the period between August 2, 2018 through January 10, 2019, inclusive (the "Class Period"). 

If you wish to serve as a lead plaintiff, you must move the Court no later than March 19, 2019. If you wish to discuss this action, have any questions concerning this notice, or your rights or interests, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If you email, please include your phone number. 

Additionally, you can [click here to join this action]. There is no cost or obligation to you.

The complaint alleges defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the termination of Activision Blizzard and Bungie Inc.'s partnership, giving Bungie full publishing rights and responsibilities for the Destiny franchise, a series of science fiction-themed video games, was imminent; (2) the termination of the two companies' relationship would foreseeably have a significant negative impact on Activision Blizzard's revenues; and (3) as a result, Activision Blizzard's public statements were materially false and misleading at all relevant times.

Plaintiff seeks to recover damages on behalf of all purchasers of Activision common stock during the Class Period, August 2, 2018 through January 10, 2019; you can [click here to join this action]. There is no cost or obligation to you.

If you are a long-term shareholder of Activision continuously holding shares before August 2, 2018, you may have standing to hold Activision harmless from the alleged harm caused by the officers and directors of the Company by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing. [click here to join this action]. There is no cost or obligation to you.

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. 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

 

Cision View original content:http://www.prnewswire.com/news-releases/atvi-alert-johnson-fistel-reminds-investors-of-deadline-in-the-class-action-lawsuit-against-activision-blizzard-inc-300800768.html

SOURCE Johnson Fistel, LLP

Copyright CNW Group 2019