News & Analysis as of

Activision Securities and Exchange Commission (SEC)

Jackson Lewis P.C.

$35M SEC Settlement Underscores Processes, Procedures Ensuring Appropriate Public Disclosures

Jackson Lewis P.C. on

In a $35 million settlement that emphasizes the “S” for social in Environmental, Social and Corporate Governance (ESG) issues in public filings, publicly traded video game developer Activision Blizzard, Inc. has agreed with...more

The Volkov Law Group

SEC Activision Enforcement Action Underscores Breadth of Disclosure Control Liability

The Volkov Law Group on

The SEC has been pushing the envelope on enforcement initiatives.  At the same time, the SEC is pushing new disclosure obligations like cybersecurity and climate change.  The SEC is following up on the importance of...more

Akin Gump Strauss Hauer & Feld LLP

The SEC Reminds Companies Not to Forget the ‘S’ in ESG: Activision Blizzard Reaches $35 Million Settlement Over Disclosure...

Key Points - On February 3, 2023, Activision Blizzard settled charges with the SEC, agreeing to pay $35 million to resolve novel claims that the company failed to maintain adequate disclosure controls to track workplace...more

Katten Muchin Rosenman LLP

SEC’s ESG Task Force Strikes Again

Activision Blizzard Workplace Misconduct Allegations Transformed into Securities Violations - In another victory for the Securities and Exchange Commission’s (SEC) Climate and ESG Task Force, videogame developer...more

Vinson & Elkins LLP

Disclosure Controls and Whistleblower Provisions Remain a Priority: What Activision Blizzard’s $35 Million Workplace Misconduct...

Vinson & Elkins LLP on

On February 3, 2023, the Securities and Exchange Commission (“SEC”) announced that Activision Blizzard Inc. (“Activision”) — the publicly traded video game developer and publisher of such well-known videogames as “Candy...more

Robins Kaplan LLP

Broadcom Weighing $60B Bid for Hybrid Cloud Co. VMWare

Robins Kaplan LLP on

Broadcom is in the throes of negotiations that would see it pay nearly $60 billion for VMWare Inc. in “what would be one of the biggest takeover deals of the year.” News of the potential deal by Broadcom, “a semiconductor...more

Robins Kaplan LLP

White House Considers Tapping Oil Reserve to Ease Gas Prices

Robins Kaplan LLP on

White House officials are mulling over a plan that would “release one million barrels of oil a day from the Strategic Petroleum Reserve for as long as 180 days,” a move intended to ease sticker shock at the pump for Americans...more

Thomas Fox - Compliance Evangelist

Everything Compliance - Episode 93 - The Activision Blizzard Edition

Welcome to the only roundtable podcast in compliance. The entire gang was also thrilled to be honored by W3 as a top talk show in podcasting. In this episode, we have the quintet of Karen Woody, Jonathan Armstrong, Tom Fox,...more

Jenner & Block

Do Your ESG Disclosures Need Leveling Up? Leading Video Game Company Faces SEC Investigation into Its Harassment and...

Jenner & Block on

Recent activity by two federal regulators underscores an increasingly obvious reality: when a company is confronted with harassment and discrimination complaints, government agencies will scrutinize its response and may bring...more

Allen Matkins

Does Full Disclosure Require Self Accusation?

Allen Matkins on

In this post, Professor Stephen Bainbridge takes the Securities and Exchange Commission to task for investigating Activision's employment practices...more

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