Investors Call Gaming CEO’s Scienter ‘Straightforward’ In Appeal To 9th Circuit

(October 6, 2023, 7:09 AM EDT) -- SAN FRANCISCO — Shareholders of video game development company Activision Blizzard Inc. maintain in a reply to the company’s appellee brief before the Ninth Circuit U.S. Court of Appeals that the shareholders adequately established in their putative class complaint that certain of the company’s executives knowingly made false or misleading statements about the company’s allegedly toxic workplace culture, saying the company is incorrect to characterize investigations brought by both federal and California authorities as “‘routine.’”...