Posts Tagged ‘Activision’
SEC Nails Activision on Culture Oversight
Activision-Blizzard has agreed to pay $35 million to settle charges from the Securities and Exchange Commission that the company didn’t have adequate processes to warn investors about its poor corporate culture. The company also settled charges that it violated whistleblower protection rules. The settlement was announced Friday morning, and I fear that this case may…
Read MoreActivision Clears Self of Misconduct
Activision Blizzard published the results of an internal investigation today that found “no widespread harassment” at the videogame giant from 2016 to 2021, despite a lawsuit from California regulators last year alleging exactly that and massive turmoil among Activision employees since then. The investigation was ordered by Activision’s board last year after the California Department…
Read MoreActivision Trying to Right the Ship
Activision Blizzard is looking to hire at least 19 people to build up its ethics and compliance function, as part of a broader effort to address complaints from regulators and employees that the company tolerated a poor corporate culture for years. The hiring plans were announced in a staff memo circulated last week by Frances…
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