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CD Projekt Undertaking Vigorous Action to Defend Against Lawsuits

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CD Project is set to undertake “vigorous action” to defend itself against lawsuits and claims due to the disastrous launch of the highly-anticipated Cyberpunk 2077, which saw a number of issues across current-gen consoles that left the game unplayable at times.

The New York-based Rosen Law Firm has filed a class-action lawsuit against the game developer, back on December 24th, on behalf of investors who purchased stock in the company between January 16th and December 17th 2020 in an effort to recover damages under the federal securities law.

The suit claims that CD Projekt “failed to disclose that Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs, and pointed out Sony’s decision to pull the game off the Playstation Store and Microsoft’s full refund policy for those who purchased Cyberpunk 2077 for Xbox.

“CD Projekt would suffer reputational and pecuniary harm; and as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times”, the suit states (h/t VG247).

Now, CD Projekt Red is digging in for what should be a substantial legal battle, and issued the following statement.

“The Management Board of CD PROJEKT S.A. with a registered office in Warsaw (hereinafter referred to as “the Company”) hereby announces that earlier today it received confirmation from a law firm cooperating with the Company that a civil class action lawsuit had been filed in the United States District Court for the Central District of California by a law firm acting on behalf of a group of holders of securities traded in the USA under the ticker symbols “OTGLY” and “OTGLF” and based on Company shares. 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.a. by misleading investors and, consequently, causing them to incur damages.

The complaint does not specify the quantity of damages sought.

The Company will undertake vigorous action to defend itself against any such claims.”

 

 

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Gamactica Women Relaunches with New Vision

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Today, Gamactica announced the official relaunch of Gamactica Women, which was one of the first sections added to the social media platform, alongside the Stream Directory.

With a new vision, new direction, and new purpose, Gamactica Women is looking to do something positive and impactful across the gaming and streaming industries. And while it will be similar to other directories on Gamactica, it will also serve as something much more.

According to the official announcement posted on Wednesday morning (via Portals): “Today, I would like to introduce you to Eclipse, which is a section dedicated to creators who create content in mediums such as film, fan films, performances, stand up comedy, and more. With our powerful marketing structure, and our community of creators who create diverse content across a number of platforms, our mission is to create a space for fan film content creatorsindie film creators, and extended content creators that want to build visibility, improve networking, and build more connections within the content creation industry.

Much like our Content Creator Directory (aka the Stream Directory) we will be providing visitors direct access to content creators of this niche within the Gamactica platform, including previews of their work.

While we will be working with creators who make content in all genres, we will be really pushing the horror genre hard, due to our partnership with horror news website Fright Nerd, and the Fright Nerd Podcast which will be making it’s return soon. Through this partnership we will be able to expand on our benefits with exclusive interviews, trailer releases, and more via the Fright Nerd website.”

Gamactica Women is LIVE and accepting applications!

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Sifu Arriving in February 2022

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Following a delay, Sloclap has finally announced a new release date for their hand-to-hand brawler action game’Sifu’.

The game is set to make it’s way to Playstation 4, PC, and Playstation 5 on February 8th.

The fighting game has a rather unique wrinkle, as every time you die in the game, you respawn a little bit older. You can check out a vide of the game below.

 

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Hitman 3 Announces Year 2 Plans

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IO Interactive  put out a brand new video today highlighting what is in store during Year 2 of Hitman 3, which will include another year of DLC, new maps, storylines, modes, and more ways to play the most successful game in the franchise.

You can check out the full announcement, which was posted to Youtube on Monday, below:

 

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