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Because of the other lawsuit about alleged harassment and discrimination

You can read the new lawsuit in full viaArs Technica. Essentially, shareholders are claiming they’ve suffered losses as a result of Activision Blizzard’s share prices dropping after the DFEH’s lawsuit was made public.

The filing also alleges that the company made “false and/or misleading statements and/or failed to disclose” a variety of things involved in the DFEH case. For example, the new lawsuit claims Activision Blizzard didn’t tell investors they had allegedly “discriminated against women and minority employees” or “fostered a pervasive ‘frat boy’ workplace culture that continues to thrive”. They also claim that ActiBliz simply didn’t tell shareholders that the DFEH had been investigating them for two years.

Here’s the official line from the suit:

Elsewhere in Activision Blizzard news, now-former Blizzard presidentJ. Allen Brack left the company yesterday, along withHR executive Jesse Meschuk.