The makers of Cyberpunk 2077 could end up being sued by their own investors, who are angry the company’s share price is down 41%.
If you’re feeling upset about the state of Cyberpunk 2077 on the Xbox One and PlayStation 4 just imagine how angry the investors and shareholders of CD Projekt are.
CD Projekt only release one major game every five years or so, which means each one has to count, and everyone was expecting especially big things of Cyberpunk 2077 – until it was discovered that it barely works at all on the base models of the two last gen consoles.
The worst thing is that CD Projekt kept the problem quiet until the last possible moment, not releasing any footage before release, not sending review copies out in time for launch, and stopping anyone from showing footage – and that’s what’s got them into the most trouble.
According to a New York Times report Polish lawyer and CD Projekt investor Mikołaj Orzechowski is looking into the possibility of suing and whether the company misrepresented itself in order to get funding from investors.
You can read the briefing here (in Polish), where Orzechowski invites other investors to join him in a potential class action lawsuit, where anyone that feels they were affected can join the list of complainants.
At the same time New York-based law firm Wolf Haldenstein, which specialises in recoveries for shareholders, has said it’s also looking into the situation and states that CD Projekt ‘may have issued materially misleading information to their shareholders and investing public’.
The investors aren’t upset that they can’t play the game properly on a PlayStation 4 but that the share price of CD Projekt has plummeted by 41% since early December, with the game and company becoming a laughing stock, at best, amongst most gamers.
Whether either of these lawsuits will go ahead is currently unclear but if CD Projekt is found to have given misleading information they could be in real trouble.
As the game is pulled from the PlayStation Store and warnings put up for the Xbox One version the future is still looking bleak for Cyberpunk 2077, even as new patches continue to be released.
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