An investors rights firm has recently filed a class-action lawsuit against CD Projekt Red for the buggy launch of Cyberpunk 2077.
Cyberpunk 2077 launched on December 10, 2020, and has since sold more than 13 million copies. The game has been criticized for being a buggy mess and running poorly on last-gen consoles. Apparently CD Projekt Red purposefully tried to hide Cyberpunk 2077’s gameplay on last-gen consoles.
There have been some hints that CD Projekt Red might face class action lawsuits because investors are losing a lot of money. It looks like a law firm called Rosen Law is the first to file a lawsuit against CD Projekt Red.
Lawsuit against CD Projekt Red:
A global investor rights law firm called Rosen Law has recently filed a class-action lawsuit against CD Projekt Red for Cyberpunk2077’s buggy launch. Rosen Law has filed the class-action lawsuit on behalf of the purchasers of securities of CD Projekt Red between January 16, 2020, and December 17, 2020. The lawsuit apparently aims to recover damages to investors under the federal securities law.
The main focus of the class action lawsuit is that CD Projekt Red supposedly made false/misleading statements or failed to disclose some information. The first point of the lawsuit states that Cyberpunk 2077 is literally unplayable on last-gen consoles because of massive amounts of bugs. The lawsuit also points to the fact that Sony removed Cyberpunk 2077 from the PSN store and offered a full refund for the game.
It also claims that CD Projekt Red suffered massive blows to it’s reputation. Because of all these reasons investors suffered financial damage after the game’s launch claims the lawsuit.
If you wish to read the press release made by Rosen Law firm to get more context then click the link here.
Slasher, a well-known industry insider recently tweeted a summarization about the lawsuit by Rosen Law firm.