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Bobby Kotick

NME

Activision Blizzard sued by New York City with focus on CEO Bobby Kotick

New York City has filed a lawsuit against Activision Blizzard, alleging that it rushed the Microsoft acquisition to diminish ongoing investigations at the company. The lawsuit was filed earlier this week (May 2) by the city of New York’s retirement system, fire department pension fund, police pension fund and board of education retirement system. These groups currently own Activision Blizzard stock, and allege that recent decisions have damaged company value (thanks, Axios).
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gamingonphone.com

Activision CEO Bobby Kotick faces a lawsuit by NYC over the Microsoft deal

Earlier at the start of this year, Microsoft expressed concerns to acquire Activision Blizzard. Microsoft offered $95 per share while the shares were going for $77, a majority of the shareholders said okay to the deal but there was always a hint that Wall Street didn’t like the deal. And now, according to a report by Axios, the New York City Employees’ Retirement System (NYCERS) has filed a lawsuit in Delaware claiming that Microsoft’s deal undervalues the company and that CEO Bobby Kotick was “unfit to negotiate a sale.”
NEW YORK CITY, NY

New York City sues Activision Blizzard, says Bobby Kotick is 'unfit' to negotiate the Microsoft buyout

Activision Blizzard is facing yet another lawsuit, this one filed by the New York City Employees' Retirement System and pension funds representing the city's fire department, police, and teachers. The suit, available via Axios, claims that CEO Bobby Kotick was "unfit to negotiate a sale of the company" to Microsoft, and made the deal in part to "escape liability" for his role in enabling workplace misconduct and abuse.
NEW YORK CITY, NY
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Engadget

NYC targets CEO Bobby Kotick in latest Activision Blizzard lawsuit

Has been hit with another lawsuit, this time from New York City officials. The suit, which was first obtained by , takes aim at CEO Bobby Kotick. It accuses him of being "unfit" to negotiate his company's pending sale to Microsoft, citing his "personal responsibility and liability for Activision’s broken workplace."
NEW YORK CITY, NY
mmobomb.com

Even New York City Is Going After Bobby Kotick Now

It’s no longer just California that’s going after Activision and CEO Bobby Kotick. Now, the east coast is getting in on the action, too. According to a report on Axios, the New York City Employee’s Retirement System and pension funds for the city’s teachers, police, and firefighters has filed suit in Delaware's Court of Chancery demanding that the company provide a list of documents, including the ones associated with the potential Microsoft buyout and the other five possible buyers mentioned in Activision’s account of talks.
NEW YORK CITY, NY
sirusgaming.com

New York City Files Lawsuit Against Activision, CEO Bobby Kotick

New York City has now sued Activision and the target is its CEO Bobby Kotick. The new lawsuit was filed in Delaware on April 26, 2022 by New York City Employees’ Retirement System and pension funds for the city’s teachers, police and firefighters according to Steven Totilo from Axios. It alleged that Kotick actually rushed to secure a takeover bid from Microsoft, which he used to escape liability for misconduct at the company.