Activision Blizzard To Pay $35M USD To Settle SEC Charges

Activision Blizzard will pay $35 million USD to the SEC to settle charges that the company "failed to maintain disclosure controls and procedures to ensure that the company could assess whether its disclosures pertaining to its workforce were adequate." The settlement also addresses a separate set of charges that Activision violated one of the SEC's whistleblower protection rules.The SEC's order details that between 2018 and 2021, Activision lacked the necessary controls and procedures to proper...