CD Projekt S.A., the developer of Cyberpunk 2077, is being sued over claims they hid the buggy state of the Xbox One and PS4 versions of the game from investors, resulting in losses.
Gamers reacted negatively to the Xbox One and PS4 versions of the game due to bugs and graphical glitches that ruined gameplay. Things got so bad that CD Projekt told disgruntled players to ask for refunds, resulting in Sony taking the game down from the PlayStation Store.
The controversy and its fallout have led to major losses. Company founders saw their stocks lose a billion dollars in value as consumers lost their confidence in CD Projekt. Such financial losses are the primary motivator behind the lawsuit, which alleges that CD Projekt made false or misleading statements and failed to disclose the problems with the game.
New York’s Rosen Law Firm represents investors who have sued to get CD Projekt shareholders some of their money back. But CD Projekt put out a statement on Christmas promising to “undertake vigorous action to defend itself against any such claims.”
Regardless of the winner, this promises to be a long and drawn-out case.