Activision Blizzard, CEO Bobby Kotick subpoenaed by SEC over toxic workplace allegations
The Securities and Exchange Commission (SEC) has subpoenaed Activision Blizzard and several executive leaders, including CEO Bobby Kotick, according to The Wall Street Journal. Activision Blizzard is reportedly being asked to mitt over documents such as records of messages between Activision Blizzard leadership similar Bobby Kotick, every bit relates to the company'south response to accusations of sexual misconduct. Activision Blizzard currently faces a lawsuit alleging systemic sexist workplace behavior across the company, cases of abuse and more than.
In a statement to The Wall Street Journal, Activision Blizzard confirmed that "The company is cooperating with the SEC." Activision Blizzard reiterated during its Q2 2022 earnings call that whatsoever members of leadership constitute to accept "impeded the integrity of our processes" would be terminated from the visitor. Multiple high-level developers take been let get, including the game manager on upcoming action function-playing game Diablo 4.
Other actions taken and so far including Blizzard renaming Overwatch hero McCree, every bit his namesake was also let go from the visitor. Blizzard president J. Allen Brack also stepped down, with the company led past Jen Oneal and Mike Ybarra moving forrad.
Activision Blizzard is charged with violating labor laws, including surveillance of employees. A statement received past Windows Cardinal from the ABK workers' commonage accuses Activision Blizzard of non listening to employee demands, instead resorting to threats and coercion.
The Section of Fair Housing and Employement also accuses Activision Blizzard of not cooperating with its investigation, though Activision Blizzard states that it has complied with every "proper request."
Activision Blizzard oversees several game development studios and multiple large gaming brands, including World of Warcraft, Candy Crush and the blockbuster Call of Duty franchise, the latest entry of which, Call of Duty: Vanguard, is coming afterwards in 2022.
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Source: https://www.windowscentral.com/activision-blizzard-ceo-bobby-kotick-subpoenaed-sec
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