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Activision-Blizzard CFO Fired for 'Causes Unrelated to the Company's Financial Reporting' - MMORPG.

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  • ScotScot Member LegendaryPosts: 11,792
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    ConstantineMerusNycteliosNorseGod

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  • MisterZebubMisterZebub Member LegendaryPosts: 3,584
    SBFord said:
    So now he's off grabassin at Netflix. Sorry I just recently learned that word/phrase and I adore the hell out of it.

    Grabassin ... HEH!!
    mmolou

    "You have kept me at your beck and call for fifteen years. I shall never again do what you demand of me. By every rule of single combat, from this moment your life belongs to me. Is that not correct? Then I shall simply declare you dead. In all of your dealings with me, you'll do me the courtesy to conduct yourself as a dead man. I have submitted to your notions of honor long enough. You will now submit to mine."

  • ScotScot Member LegendaryPosts: 11,792
    SBFord said:
    So now he's off grabassin at Netflix. Sorry I just recently learned that word/phrase and I adore the hell out of it.

    Grabassin ... HEH!!
    Your New Years resolution for the 2019 is less grabassin and it was not a big leap to realise this. :D
    MisterZebub

     25 Agrees

    You received 25 Agrees. You're posting some good content. Great!

    - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    Now Doesn't That Make You Feel All Warm And Fuzzy Inside? :P

  • PhryPhry Member LegendaryPosts: 11,004
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    The Marvel comics issue is unrelated, they are having huge problems because nobody is buying their comics, its so bad that a number of comics stores have had to close, more an issue of Marvel not really having many/any? decent artists/writers, the shows are another issue, but not entirely unrelated as the America Chavez and Ms Marvel mentality has unfortunately destroyed a number of them, i think when Captain Marvel (Brie Larson) film flops hard then it will truly have also spread to the film division. As for moving to Netflix from ActiBlizz, as someone who was deep inside the company and was aware of their financial position and probable future, i think the move to Netflix was more a case of 'rats deserting a sinking ship' than anything, they found out he was doing that and sacked him, but by now the writing is well and truly on the wall.
    Scot
  • NycteliosNyctelios Member EpicPosts: 3,442
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    I agree with you. I think shutting down the successful ones just to hurt Disney is a disservice to the fanbase they built these years.

    ...Just not Jessica, Luke or Iron Fist... those can go. ;P Specially Iron Fist.
    Steam ID Discord ID: Night # 6102 - GoG ID - 

    "There is a fine line between consideration and hesitation. The former is wisdom, the latter is fear." Izaro Phrecius, Holy Emperor of the Eternal Empire, Last of Royal Phrecius Family.
  • PhryPhry Member LegendaryPosts: 11,004
    Nyctelios said:
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    I agree with you. I think shutting down the successful ones just to hurt Disney is a disservice to the fanbase they built these years.

    ...Just not Jessica, Luke or Iron Fist... those can go. ;P Specially Iron Fist.
    Disney is launching their own video service afaik, that would be in direct competition to Netflix, so cancelling them is likely for that reason, besides, are any of them really any good?  :/
  • NycteliosNyctelios Member EpicPosts: 3,442
    Phry said:
    Nyctelios said:
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    I agree with you. I think shutting down the successful ones just to hurt Disney is a disservice to the fanbase they built these years.

    ...Just not Jessica, Luke or Iron Fist... those can go. ;P Specially Iron Fist.
    Disney is launching their own video service afaik, that would be in direct competition to Netflix, so cancelling them is likely for that reason, besides, are any of them really any good?  :/
    Sure. Daredevil is amazing. The others not so much.
    Phryblueturtle13
    Steam ID Discord ID: Night # 6102 - GoG ID - 

    "There is a fine line between consideration and hesitation. The former is wisdom, the latter is fear." Izaro Phrecius, Holy Emperor of the Eternal Empire, Last of Royal Phrecius Family.
  • MisterZebubMisterZebub Member LegendaryPosts: 3,584
    Phry said:
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    The Marvel comics issue is unrelated, they are having huge problems because nobody is buying their comics, its so bad that a number of comics stores have had to close, more an issue of Marvel not really having many/any? decent artists/writers, the shows are another issue, but not entirely unrelated as the America Chavez and Ms Marvel mentality has unfortunately destroyed a number of them, i think when Captain Marvel (Brie Larson) film flops hard then it will truly have also spread to the film division. As for moving to Netflix from ActiBlizz, as someone who was deep inside the company and was aware of their financial position and probable future, i think the move to Netflix was more a case of 'rats deserting a sinking ship' than anything, they found out he was doing that and sacked him, but by now the writing is well and truly on the wall.
    Well Marvel doesn't and hasn't for some time given a fuck about the comic end of their business, except for keeping the copyrights. Marvel Studios is making hundreds of millions more money off the films than Marvel comics is off of the books themselves. However the real money is in merchandise licensing. In 2013, just for Avengers and Spider-man merchandise (toys, clothes, etc.), the revenue was $1.625 billion.

    PhryNycteliosScot

    "You have kept me at your beck and call for fifteen years. I shall never again do what you demand of me. By every rule of single combat, from this moment your life belongs to me. Is that not correct? Then I shall simply declare you dead. In all of your dealings with me, you'll do me the courtesy to conduct yourself as a dead man. I have submitted to your notions of honor long enough. You will now submit to mine."

  • NycteliosNyctelios Member EpicPosts: 3,442
    edited January 3
    Phry said:
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:
    At least we now know the real cause (planning to defect to Netflix).
    I really don't think so. Particularly since it was in no way a 'defection', unless I am remarkably clueless Netflix does not in any way compete with Activision/Blizzard. Now some exec may have got miffed, but a quiet negotiated exit and handover would be normal for that change.

    Some people have suggested some plausible options, vesting, bonuses, ego, or perhaps the highly speculative 'grabass' or similar. But a simple change of employment isn't it.
    I doubt there is any sort of defection unless we see Netflix starting up a gaming platform, lets put that out there on the furthest possible limb.

    As everyone should know by now the top executives in the top companies of the gaming industry are the same guys who are the top executives in the top companies of nearly every industry, it is a professional musical chairs where becoming a member of the club nets you untold millions. In the UK this started in the nineties I think when boards were allowed to set their own remuneration, without it being passed by shareholders. Since then perfectly reasonable very high salaries have been inflated beyond all recognition of what a director brings to a company.
    No no no... That's not it.

    Disney is opening it's streaming service and as a punch on it's kidneys Netflix canceled all the Marvel Super hero shows it was airing, even the sucessful ones. 

    People were confused about what was going on and the logic assumption was Disney taking the IPs away for it's own shows... but that was not it:

    Just recently they found out that the contract Netflix holds for those IP specify that in case of closure/series cancel and so on those IP become "frozen" for a period of two years. The actors can't portray their characters in any type of media and those series can't be shown in any type of media outside Netflix aproval.

    So Netflix closed it's own series so Disney won't be able to also run them on their streaming service or use those actors and characters in any way shape or form. They shot their own foot to hurt Disney.

    I think what they fear is due Disney absurd amount of cash they could focus on marketing their streaming service in wider spaces than Netflix, taking away people who subscribe it for those shows.

    Just recently we had rumors that Friends would be taken off from Netflix, but a 10million payment assured that the show remained on it for more one year.

    Netflix wants that dude because he worked on Disney. They want him really bad. 
    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    The Marvel comics issue is unrelated, they are having huge problems because nobody is buying their comics, its so bad that a number of comics stores have had to close, more an issue of Marvel not really having many/any? decent artists/writers, the shows are another issue, but not entirely unrelated as the America Chavez and Ms Marvel mentality has unfortunately destroyed a number of them, i think when Captain Marvel (Brie Larson) film flops hard then it will truly have also spread to the film division. As for moving to Netflix from ActiBlizz, as someone who was deep inside the company and was aware of their financial position and probable future, i think the move to Netflix was more a case of 'rats deserting a sinking ship' than anything, they found out he was doing that and sacked him, but by now the writing is well and truly on the wall.
    Well Marvel doesn't and hasn't for some time given a fuck about the comic end of their business, except for keeping the copyrights. Marvel Studios is making hundreds of millions more money off the films than Marvel comics is off of the books themselves. However the real money is in merchandise licensing. In 2013, just for Avengers and Spider-man merchandise (toys, clothes, etc.), the revenue was $1.625 billion.

    So much so they make sure to keep our concept of what those IPs are frozen to match with the peak of revenue instead of updating it like in the comics.

    People who purchase those merchandise in mainstream market (regardless the media) are complete unaware of the current IP situation.

    Not that I agree (or disagree) with those changes... I just think it's funny how far away the Iron Man IP is on mainstream market and mainstream perception from it's actual place in the comics - and how far the companies goes to ensure those toys will keep selling... Even when Tony Stark is like... kinda dead... sorta.
    MisterZebub
    Steam ID Discord ID: Night # 6102 - GoG ID - 

    "There is a fine line between consideration and hesitation. The former is wisdom, the latter is fear." Izaro Phrecius, Holy Emperor of the Eternal Empire, Last of Royal Phrecius Family.
  • SBFordSBFord Former Associate EditorMember LegendaryPosts: 33,126
    This current discussion is WAY off topic. Might be wise to make a separate thread in The Pub or Off-Topic. Thanks.
    Nyctelios


    ¯\_(ツ)_/¯ 


  • NycteliosNyctelios Member EpicPosts: 3,442
    SBFord said:
    This current discussion is WAY off topic. Might be wise to make a separate thread in The Pub or Off-Topic. Thanks.
    Sorry I went full 4x4 Colin McRae Rally Dirt Offtopic. My bad.
    Scot
    Steam ID Discord ID: Night # 6102 - GoG ID - 

    "There is a fine line between consideration and hesitation. The former is wisdom, the latter is fear." Izaro Phrecius, Holy Emperor of the Eternal Empire, Last of Royal Phrecius Family.
  • NorseGodNorseGod Member RarePosts: 2,253
    edited January 3
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:

    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    WHAT?!

    No more hopes for Punisher Season 2?

    There's barely any series I follow as it is that isn't some "New Super Secret, Evil Nazi Discovery" documentary or some show with forced political agendas cringe.

    Tell me Netflix is in the red.

    Sorry, @SBFord. I went off-topic too. I'm kinda shocked by that news. However, I guess that explains why that CFO sold his $2M stock.
    Come home, North Man.

    Rolling for Spicy.
  • NycteliosNyctelios Member EpicPosts: 3,442
    NorseGod said:
    Scot said:
    Nyctelios said:
    Scot said:
    ET3D said:

    If this is true it is a huge disservice to comics fans. I had not realise every Marvel series had been cancelled. But Netflix users get to have Friends for another year, and see that same old rubbish.
    WHAT?!

    No more hopes for Punisher Season 2?

    There's barely any series I follow as it is that isn't some "New Super Secret, Evil Nazi Discovery" documentary or some show with forced political agendas cringe.

    Tell me Netflix is in the red.

    I'll pm you info to avoid off topic.
    NorseGod
    Steam ID Discord ID: Night # 6102 - GoG ID - 

    "There is a fine line between consideration and hesitation. The former is wisdom, the latter is fear." Izaro Phrecius, Holy Emperor of the Eternal Empire, Last of Royal Phrecius Family.
  • Octagon7711Octagon7711 Member LegendaryPosts: 8,840
    edited January 13
    I've heard that Activision is under investigation for fraud after splitting up with Bungie.
    https://fandomwire.com/2019/01/12/activision-being-investigated-for-fraud-following-bungie-split/


    https://massivelyop.com/2019/01/12/activision-investors-are-now-investigating-whether-the-bungie-split-involves-securities-fraud/

    Apparently some investors got their hackles up over the split and moved to investigate it as a class action. “The investigation concerns whether Activision and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices,” says the attorneys’ press release.

    Oops, already talked about here:
    https://www.mmorpg.com/editorials/activision-and-bungie-the-tale-of-two-titles-1000013338

    "We all do the best we can based on life experience, point of view, and our ability to believe in ourselves." - Naropa      "We don't see things as they are, we see them as we are."  SR Covey

  • cheyanecheyane Member EpicPosts: 6,386
    I've heard that Activision is under investigation for fraud after splitting up with Bungie.
    https://fandomwire.com/2019/01/12/activision-being-investigated-for-fraud-following-bungie-split/


    https://massivelyop.com/2019/01/12/activision-investors-are-now-investigating-whether-the-bungie-split-involves-securities-fraud/

    Apparently some investors got their hackles up over the split and moved to investigate it as a class action. “The investigation concerns whether Activision and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices,” says the attorneys’ press release.

    Oops, already talked about here:
    https://www.mmorpg.com/editorials/activision-and-bungie-the-tale-of-two-titles-1000013338
    You should have realised that Suzie is always scouring and would have found that pronto.
    image
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