CD Projekt Red Hit With Second Cyberpunk 2077 Class-Action Lawsuit, Report

CD Projekt Red Hit With Second Cyberpunk 2077 Class-Action Lawsuit, Report
CD Projekt Red Hit With Second Cyberpunk 2077 Class-Action Lawsuit, Report

The biggest news of 2020 was how the biggest game of 2020 turned out to be the biggest catastrophe of 2020. Although Cyberpunk 2077 had good sales numbers, the game released in such a broken state that it was virtually unplayable on last-gen consoles and filled with bugs and glitches on current-gen consoles. On top of that, many features that were touted in marketing for Cyberpunk didn’t seem to be present.

It was bad enough that players started asking for their money back in droves. It got so bad that Sony actually delisted Cyberpunk from the PlayStation storefront pending some much-needed patches.

This all led to CDPR’s stock price absolutely tanking in the days and weeks following Cyberpunk 2077’s release. And CDPR’s investors weren’t too happy to see millions of their dollars go up in smoke.

Those same investors filed a class-action lawsuit in California District Court last month accusing CDPR of deceptive business practices and lying about Cyberpunk’s readiness to ship for the holiday season. And now CDPR has officially acknowledged receiving that class-action lawsuit on the company website.

“A second civil class action lawsuit had been filed in the United States District Court for the Central District of California by a law firm acting on behalf of a group of holders of securities traded in the USA under the ticker symbols “OTGLY” and “OTGLF” and based on Company shares,” wrote CDPR as part of their regulatory announcements. No damages were listed, but “[CDPR] will undertake vigorous action to defend itself against any such claims.”

The first lawsuit was filed by Schall law firm earlier in January on behalf of Cyberpunk 2077 customers who felt they were lied to by CDPR’s advertising. That case is still making its way through the court system.

On top of that, the Polish Government is monitoring CDPR’s progress on making good with Cyberpunk and ensuring the developer keeps issuing patches and updates. If it doesn’t, the company faces fines of up to 10% of its annual income.

CDPR co-founder Marcin Iwinski apologized for Cyberpunk’s botched release and promised to have two patches in the first half of 2021 and a next-gen upgrade in the second half of the year.

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Jose S. Vanhorne 3714 Gambler Lane Deer Park, TX 77536 [email protected] 281-884-7952


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