CD Project faces collective lawsuit over ‘Cyberpunk 2077’ disaster

Heat

Polish game developer CD Projekt is facing a class action lawsuit over the fake launch of Cyberpunk 2077, which has already tarnished the company’s reputation in what has become one of the most prominent flames in the history of video games.

Key facts

The lawsuit was filed on behalf of the investor, alleging that CD Project made materially false statements by failing to disclose Cyberpunk 2077 “was virtually irreplaceable on the current generation Xbox or Playstation system due to a huge number of errors.”

The lawsuit concerns a number of positive executives’ statements about the game before it was released, including an October earnings call where co-CEO Adam Kiciński said, “I wouldn’t say there’s a ‘problem’ because there’s nothing wrong with the Xbox or the PS4 version.”

The complaint alleges that non-disclosure of the game’s release constitutes a violation of federal securities laws and seeks an unspecified amount of damages.

The New York-based law firm Rosen, which filed the lawsuit, is still looking for prosecutors to join the case, noting in a press release that the class is not yet certified.

CD Projekt did not immediately respond to a request for comment Forbes.

Key background

Cyberpunk 2077 has been evolving for almost a decade and was expected to be the best video game of the year. But instead, the game is riddled with hilarious mistakes and mistakes that sometimes make it difficult for a player to even walk or talk. After numerous complaints, CD Projekt apologized, promised a refund and pledged to fix the game with future updates. Sony has completely withdrawn the game from the PlayStation Store. The debacle cost two Polish co-founders of the CD Project a combined billion-dollar fortune after its shares fell about 40% last week, Forbes reported.

Further reading

Read the complete lawsuit, which was won by Polygon, here.

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