NERDBOT
    Facebook Twitter Instagram YouTube
    Subscribe
    NERDBOT
    • News
      • Reviews
    • Movies & TV
    • Comics
    • Gaming
    • Collectibles
    • Science & Tech
    • Nerd Culture
    • About Us
      • Want to Write for Nerdbot?
    NERDBOT
    Home»Gaming»CD Projekt Red Facing Investor Lawsuits Over “Cyberpunk 2077”
    Gaming

    CD Projekt Red Facing Investor Lawsuits Over “Cyberpunk 2077”

    Jessica LambBy Jessica LambDecember 21, 2020Updated:December 21, 20202 Mins Read
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email

    It’s safe to say that “Cyberpunk 2077” has been one disaster after another. In fact, things have gotten so bad that the game was entirely pulled from the PlayStation Store. Players everywhere are demanding refunds because their games are virtually unplayable. Now, even CD Projekt Red’s investors are getting in on the action. According to VGC, multiple law firms and an investor are looking into a class-action lawsuit against the company for potential misrepresentation.

    Accurate representation of CDPR currently (Screenshot Credit: CD Projekt Red)

    It seems that many investors feel they were misled about the game’s quality prior to release. This isn’t surprising, as CD Projekt Red showed almost nothing of the Xbox One and PS4 versions of the game prior to launch. Additionally, many industry insiders did not receive review copies of the game until the same day launch for the public. If the lawsuit proceeds, CD Projekt Red faces accusations of breaking an SEC rule that makes it unlawful to operate “as a fraud or a deceit upon any person” during any security transactions. That could mean another big blow for a company already taking a lot of fire.

    Since the game’s launch, CD Projekt Red has seen a massive drop in their share values. In fact, several executives and co-founders have lost over $1 billion in their own stock value as a result. While a company as massive as CDPR could recover from the financial blow, they may not be able to recover consumer trust. After all, to see such an anticipated title fall from grace so quickly is horrifying. Only time will tell if investors choose to pursue a lawsuit. In the meantime, CDPR will continue to face rough waters for the forseeable future.

    Author

    Jessica Lamb
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleStardew Valley 1.5 Will Bring “Advanced Options” and Beach Farms
    Next Article “Star Wars” Spinoff “The Book of Boba Fett” Confirmed for Disney+
    Jessica Lamb

    Jessica Lamb was born and raised in Fennville, Michigan. She attended Aquinas College where she obtained a Bachelor of Arts in English and a minor in Creative Writing. Since then, she has dedicated herself to spreading the word about all things nerd culture.

    Related Posts

    “GoldenEye 007” Hitting Xbox Game Pass, Nintendo Switch Online

    January 26, 2023

    What Makes a Great Gaming Community?

    January 25, 2023

    Dota 2 eSports Discipline: How to Watch

    January 25, 2023

    Biggest Upcoming Console Games for 2023

    January 24, 2023

    What Is a Hyperspin Arcade System?

    January 19, 2023

    Mobile Gaming Is Massive: But Is It Actually Worth It?

    January 9, 2023
    • Trending
    • Latest
    • Movies
    • TV

    Christian Activist Suing The NFL For $867 Trillion Over Half-Time Show

    February 5, 2020

    Marvel Eyeing GOT Star Nathalie Emmanuel To Play The MCU’s Storm

    June 27, 2019

    Rumor: Charlie Hunnam In Talks For New Wolverine Movie

    May 20, 2019

    Scientists Are Actually Trying to Open a Portal to a Mirror Universe(Yes Really)

    December 28, 2019

    Is there a way to avoid casino verification?

    January 27, 2023

    Top 8 Bitcoin Wallets That Guarantee Anonymity

    January 27, 2023

    Here Are 10 Things to Look For While Hiring a Nursing Assistant

    January 27, 2023

    Basics of software development for beginners: what do you need to know to start your first project?

    January 27, 2023

    Ayo Edebiri Joins Marvel Studios’ “Thunderbolts” in Mystery Role

    January 26, 2023

    What Ever Happen to the Bus from “Spice World?”

    January 25, 2023

    95th Academy Awards Announces Oscars Nominations

    January 24, 2023

    Star-Studded Film “The Son” Fails to Shine [Review]

    January 23, 2023
    "Jay Leno's Garage"

    Jay Leno’s 30-Year NBC Run Comes to an End

    January 27, 2023

    Phoebe Waller-Bridge Writing Amazon’s “Tomb Raider” Series

    January 27, 2023

    “Frasier” Revival Reveals Son of Niles and Daphne

    January 27, 2023

    HBO Orders Season 2 of “The Last of Us”

    January 27, 2023
    Related Posts

    None found

    San Diego Comic-Con
      • auction
      • carnivorous plant
      • dinosaur
      • pennyworth
      • San Diego Comic-Con
    NERDBOT
    Facebook Twitter Instagram YouTube
    © 2023 NERDBOT Media

    Type above and press Enter to search. Press Esc to cancel.