Bronstein, Gewirtz & Grossman, LLC Notifies Activision Blizzard, Inc. (ATVI) Investors of Investigation

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Activision Blizzard, Inc. (“Activision” or “the Company”) (NASDAQ: ATVI). Activision investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/atvi.

The investigation concerns whether Activision violated federal securities laws.

On February 3, 2023, the U.S. Securities and Exchange Commission announced that Activision had “agreed to pay $35 million to settle charges that it failed to maintain disclosure controls and procedures to ensure that the company could assess whether its disclosures pertaining to its workforce were adequate. The company also settled charges that it violated an SEC whistleblower protection rule.” On this news, Activision’s stock price fell $5.53 per share, or 7.17%, over the following two trading days, to close at $71.58 per share on February 6, 2023.

If you are aware of any facts relating to this investigation or purchased Activision shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/atvi. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

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