Activision Blizzard settles with the SEC for $35M, over claims of violating federal whistleblower protections and not maintaining adequate disclosure standards
Activision Blizzard gave separation agreements to departing employees that the SEC says violated a whistleblower protection rule. They required employees to disclose whether the SEC reached out for information within 1 business day https://www.bloomberg.com/... @ethangach : This is almost double what Activision is paying to the victims of the Equal Employment Opportunity Commission settlement https://www.cnbc.com/...
CNBC Rohan Goswami
Related Coverage
- Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls Related to Complaints of Workplace Misconduct and Violating Whistleblower Protection Rule U.S. Securities …
- Activision to Pay $35 Million to SEC After ‘Frat Boy Culture’ Complaints Bloomberg
- Activision Blizzard to pay $35 million to settle SEC investigation MarketWatch
- Activision Blizzard agrees to pay $35 million to settle workplace misconduct charges Video Games Chronicle
- / The SEC found that Activision Blizzard did not have proper workplace disclosure procedures in place while also violating an SEC whistleblower rule. The Verge
- Activision-Blizzard pays $35m to send SEC away, Microsoft merger still in doubt The Register
- Activision Blizzard Charged $35 Million By the U.S. Securities and Exchange Commission IGN
- SEC gets $35 million settlement in Activision misconduct disclosure case Ars Technica
- Activision Blizzard to pay $35 million in SEC settlement Destructoid
- Activision Blizzard agrees to $35m settlement with SEC following investigation GamesIndustry.biz
- Activision Blizzard Ordered to Pay $35 Million by the SEC Game Rant
- Activision Blizzard to Pay $35 Million as Part of Settlement with US SEC GamingBolt
- Activision Blizzard Settles Misconduct Allegations in a $35 Million Payout Gizmodo
- Activision Blizzard to pay $35M fine in SEC settlement Polygon
- Activision Blizzard Agrees to Pay $35 Million to SEC Over Misconduct Charges Appuals.com
- Activision Blizzard was fined $35 million for neglecting employee complaints Quartz
- Activision Did Nothing Wrong, Will Pay $35 Million Settlement Kotaku
- Activision Blizzard To Pay $35 Million For Failing To Handle Workplace Complaints TheGamer
- Activision-Blizzard Fined $35 Million for Not Disclosing Sexual Harassment VICE
- Activision Blizzard To Pay $35 Million To Settle Workplace Misconduct Charges GameSpot
- Activision will pay $35 million to settle SEC charges over workforce complaints WRAL TechWire
- Activision Blizzard pays $35mn SEC settlement over workplace complaints Financial Times
- Activision Blizzard paying $35M to settle SEC probe into misconduct Game Developer
- Activision Blizzard will pay $35 million to settle SEC charges over its handling of complaints Engadget
- Activision Blizzard to Pay $35 Million to Settle Workplace Charges The Hollywood Reporter
- Activision Blizzard Paying $35 Million to Resolve SEC Investigation Wall Street Journal
- Activision Blizzard to Pay $35 Million to Settle SEC Investigation Barron's Online
- Activision Blizzard pays $35 million SEC fine for disclosure control, whistleblower violations The Block
- SEC Fines Activision Blizzard $35M Blue's News
- Activision Blizzard to pay $35mln to settle workplace charges, U.S. SEC says Reuters
Discussion
-
@secgov
@secgov
on x
Today we announced that Activision Blizzard Inc agreed to pay $35 million to settle charges that it failed to maintain disclosure controls and violated an SEC whistleblower protection rule. For more:
-
@cecianasta
Cecilia D'Anastasio
on x
The SEC also notes that while a “significant number” of departing ATVI employees received these agreements between 2019 and 2022, it is “not aware of any specific instances in which a former Activision Blizzard employee was prevented from communicating with Commission staff”
-
@blaw
@blaw
on x
Activision has been shrouded in controversy since 2021 when a state agency filed a sexual harassment lawsuit, describing its “frat boy culture” and accusing its leadership of failing to take action. https://blawgo.com/sXn8yQ6
-
@zette16
@zette16
on x
Non-disparagement agreements/NDA's muzzle abused employees and protect abusers. Who then ramp up their abuse because they are protected or they go onto other studios and abuse some more. This practice is used at all game studios. ALL. This should stop. Stop protecting abusers. ht…
-
@svegvari
Steve Vegvari
on x
Activision Blizzard is due to pay $35 million in settlement charges over the SEC's investigation of sexual misconduct within the workplace. $35 million is not nearly enough. Especially when the company is not “admitting or denying the SEC's findings.” https://www.gamesradar.com/.…
-
@cecianasta
Cecilia D'Anastasio
on x
Interesting—Activision Blizzard gave separation agreements to departing employees that the SEC says violated a whistleblower protection rule. They required employees to disclose whether the SEC reached out for information within 1 business day https://www.bloomberg.com/...
-
@ethangach
@ethangach
on x
This is almost double what Activision is paying to the victims of the Equal Employment Opportunity Commission settlement https://www.cnbc.com/...