Multiple New York City funds have banded together to file a suit against Activision Blizzard, alleging that CEO Bobby Kotick and the board breached their fiduciary duty in its dealings with Microsoft to be acquired, and harmed the company's value.
New York City Files Complaint Against Activision Blizzard for Wrongdoing Tied to Microsoft Acquisition
IGN - 4 May 2022 20:21
Multiple New York City funds have banded together to file a suit against Activision Blizzard, alleging that CEO Bobby Kotick and the board breached their fiduciary duty in its dealings with Microsoft to be acquired, and harmed the company's value.
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