Federal securities regulators "have launched a wide-ranging investigation" into Activision Blizzard, including "how the videogame-publishing giant handled employees’ allegations of sexual misconduct and workplace discrimination." The SEC subpoenaed Activision and several senior execs, including CEO Bobby Kotick, and it is "asking for documents." The SEC is "requesting information to discern whether Activision and its executives properly disclosed allegations of workplace harassment and gender-pay issues, and whether any of that information should have been shared earlier with investors and other parties, according to the documents and people familiar with the investigation" (WALL STREET JOURNAL, 9/21). This story appeared on the WSJ front page (SBJ).
An Activision official said that the "company is cooperating with the inquiry" (N.Y. TIMES, 9/21).
