Rosen Law Firm of New York has announced it has filed a class action lawsuit against CD Projekt SA, CD Projekt RED’s parent company, over misleading investors about Cyberpunk 2077. This specifically relates to the lack of disclosure about performance issues of the game on PS4 and Xbox One. Rosen Law Firm states in its filing that the company misled investors by giving out false statements about the game performance prior to launch. In the filing, the law firm wrote:
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and CD Projekt would be forced to offer full refunds for the game; (3) consequently, CD Projekt would suffer reputational and pecuniary harm; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Rosen Law Firm has stated that investors can join the lawsuit by contacting them by going through their website. CD Projekt RED has been working on a number of fixes to address issues in Cyberpunk 2077. The other day hotfix 1.06 was released which removed the 8MB save file limit among other things. In our own review in progress for Cyberpunk 2077, Alexis wrote:
“As someone with a lifelong soft spot for the medium-specific charm of video game glitches, Cyberpunk 2077’s botched launch just ain’t it. Even overlooking the rushed rollout, after an eternity of being bludgeoned in the face with hyperbole, running through 2077 so far feels like five different games stitched together into an entertaining, passably decent, generic behemoth. It also goes without saying that CDPR’s poor labor practices make a laughable parallel with cyberpunk’s roots in the rise of neoliberalism.”
You can read the full review in progress here.
Source: Press Release