Investor sues Cyberpunk 2077 maker over false claims

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Investor sues Cyberpunk 2077 maker over false claims

 

 

Andrew Trampe, an investor in Cyberpunk 2077, has filed a lawsuit against CD Projekt on behalf of himself and other investors after it launched the game with serious bugs. The investors believe that the game was over-hyped with false and misleading statements that caused them to put money into the project.

 

Some issues that have plagued the game’s launch include buggy save files which have been fixed and poor performance on consoles which saw it delisted from the PlayStation Store.

 

In the lawsuit, Trampe highlights a statement from CD Projekt’s CEO Adam Kicinski who said:

“So, in terms of bugs, we are all aware of them. Of course, such a big game can’t be just bug free. That’s kind of obvious, but we believe that the level will be as low as to let games not see them.”

Trampe said that these statements were false and misleading because the company allegedly knew about the game’s defects but failed to disclose them.

 

At the end of the lawsuit, it says the investors are demanding a trial and will be seeking that the defendants pay damages to the investors and that they cover their attorneys’ fees, expert fees and other costs.

Source: Court Listener via NBC News

 

 

Investor sues Cyberpunk 2077 maker over false claims

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Cyberpunk 2077 creator vows to defend itself against lawsuit claims

The Polish game developer has been facing flak from users due to extensive issues with the gameplay despite extended delays

 

Cyberpunk 2077 creator CD Projekt SA has revealed that it will be defending itself in the lawsuit filed by an investor in Los Angeles. The Polish game developer has been facing flak from users due to extensive issues with the gameplay despite extended delays.

 

The video game publisher claimed that it will be defending itself vigorously against the allegation which claims that the developer misled holders of its depository receipts and incurring losses.

 

The shares of the company nosedived after Sony decided to remove it from the PlayStation store. Sony also offered buyers to pay complete refunds for their purchase of Cyberpunk 2077. Microsoft Corp was quick to follow with the same move.

 

According to a Bloomberg report, the company in a filing stated, “The plaintiffs call for the court to adjudicate whether the actions undertaken by the company and members of its management board in connection with the release of Cyberpunk 2077 constituted a violation of federal laws, i.e. by misleading investors and consequently causing them to incur losses."

 

The report states that the company’s American Depositary Receipts fell 25% in the three days after Cyberpunk 2077 was released on Dec. 10. They fell another 16% after Sony removed the game from its Playstation store on Dec. 18.

 

 

Source: Cyberpunk 2077 creator vows to defend itself against lawsuit claims