Cyberpunk 2077 Launch Lawsuit Ends in Settlement; CD Projekt Negotiates
CD Projekt has entered negotiations on a lawsuit filed by investors unhappy with the worse-than-promised launch of Cyberpunk 2077.
It looks like the CD Projekt group will soon have at least one problem related to Cyberpunk 2077 out of the way. The company has announced that talks have begun to reach a settlement of the May 2021 lawsuit. The U.S. District Court for the Central District of California has "stayed proceedings on the motion to dismiss the complaint due to the parties' commencement of negotiations regarding a potential settlement."
At issue are four separate lawsuits were consolidated into one, which was to be dealt with at a later date.
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As we read in the latest report [in Polish], "entering into discussions regarding a potential settlement in no way constitutes an acceptance by the Company or its Board of any of the allegations contained in the documents filed by the plaintiff." No indication has been given as to how long the negotiations will last, and the expected outcome has not been disclosed. It is likely that investors will receive a financial compensation.
CD Projekt still has a lot of work to do on Cyberpunk 2077 despite the intends to return to it in the future.
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