The Wall Street Journal are reporting thatFollowing the company’s recent sale to Microsoft, efforts to pursue Activision Blizzard — and famed CEO Bobby Kotick — have escalated at both the state and federal levels.
California Department of Fair Employment and Housing, that the original investigation kicked off the whole thing last yearhas now “subpoenaed Activision directors regarding the company’s handling of workplace issues” and has also “subpoenaed police departments in the Los Angeles area for any records that They are related to longtime CEO Bobby Kotick and 18 other current and former Activision employees”.
On the federal front, the Securities and Exchange Commission has also “submitted additional subpoenas to Activision as part of an investigation the company launched last year into its handling of sexual harassment allegations by the company.” company”. In response, an Activision representative told the WSJ that the subpoena was an “irregular fishing expedition.”
While the initial requests for information from the SEC were from recent years, this latest filing reportedly asks for “records and contact information from a much longer list of current executives.” current and old”, and starting in 2016.
If you would like to meet some of the “directors” listed above, here they are.
Activision Blizzard had a pretty good year, with initial news of the DFEH investigation kicking off a chain of events that led to several famous exits and cases, further investigations, internal uprisings, ridicule from company colleagues, mass departures of workers, merger attempts and accusations that Kotick himself was involved in the harassment cases.
And that was all before there was Microsoft stepped in to buy the besieged company for just under $70 billion. the interesting way the WSJ report thrown inspoke with “experts in corporate governance and mergers and acquisitions,” that “if government investigations into Activision are not resolved before the agreement with Microsoft is closed, then Microsoft will have to receive them”.
https://kotaku.com/bobby-kotick-activision-blizzard-defh-lawsuit-crime-cas-1848558756 Bobby Kotick’s criminal record is subpoenaed for investigation