Thanks to a new report by Axios we have learned that the New York City Employees’ Retirement System and pension funds have filed a lawsuit against Activision Blizzard in direct relation to their currently planned sale to Microsoft.
The lawsuit alleges that current Activision Blizzard CEO Bobby Kotick intentionally sped up the process of the sale to Microsoft in order to avoid more public scrutiny related to the numerous accusations and lawsuit related to sexual harassment and overall poor work environment at the company.
The suit states:
“Given Kotick’s personal responsibility and liability for Activision’s broken workplace, it should have been clear to the Board that he was unfit to negotiate a sale of the Company. But it wasn’t.”
Many allegations and details have surfaced over the past several months related to the work environment at Activision and Blizzard Entertainment. Bobby Kotick alone has been accused of holding back workplace misconduct summaries to shareholders and covering up sexual assault allegations for several years. Just this past week alone the company received yet another complaint from the National Labor Relations Board with allegations that supervisors told employees not to discus wages and working conditions via Slack.
