Cyberpunk 2077: CD Projekt Red Sued Over Disastrous Launch

It's been a huge launch for Cyberpunk 2077, having sold over 8 million copies already.

Now it's fair to say despite its success, the game has a multitude of issues still.

But, the immersive map within Night City is one of the best in modern games and there is a lot to check out.

The game has its fair share of bugs and glitches, and players have been reporting news ones every day.

With the recent news of the gaming being pulled completely from the PlayStation Store, it appears the problems keep coming for CD Projekt Red.

Now, a lawsuit has been handed down to CD Projekt Red amid the game's messy release.

Here's what we know! 

Investors

It appears a group of investors to CD Projekt Red were among the ones to strike down the lawsuit.

Businesswire.com posted a press release regarding the lawsuit.

Check it out below! 

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of CD Projekt S.A. (OTC: OTGLY, OTGLF) between January 16, 2020 and December 17, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for CD Projekt investors under the federal securities laws.

To join the CD Projekt class action, go http://www.rosenlegal.com/cases-register-2010.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft and CD Projekt would be forced to offer full refunds for the game; (3) consequently, CD Projekt would suffer reputational and pecuniary harm; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 22, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-2010.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

We will have to wait and see how this plays out, we will be sure to update you if we hear news in the coming days or months!