DISAVOWING BOBBY KOTICK | Why Did Activision Just Amend Its Filings?(VL661)

Activision Blizzard's year of news appearances is almost unbelievable, but perhaps none more so than the announcement that Microsoft and Xbox is purchasing them for just under $70 BILLION in cash.

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Now news has broken that Activision is amending its prior SEC filings to emphasize that absolutely no deals have been brokered with Bobby Kotick in respect of the company's ownership by Microsoft? But why are such amendments being made?

Sometimes winning a lawsuit just means getting a good redline...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/UdQMEw56fW4

#Activision #Microsoft #Lawsuits

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Discussed in this episode:

HOEG LAW PLAYLIST
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9PBxr5dNcoQLh2erIt2XrZ

TWEET
https://twitter.com/stephentotilo/status/1515880416011595788

ACTIVISION INVESTOR RELATIONS
https://investor.activision.com/financial-information/sec-filings

SEC FILINGS/LAWSUIT
https://investor.activision.com/static-files/e3b5c8d8-c060-4773-9bdd-d6a337b76823
https://storage.courtlistener.com/recap/gov.uscourts.cacd.844853/gov.uscourts.cacd.844853.1.0.pdf
https://investor.activision.com/static-files/eae7f6a4-35b2-4884-9f7e-397dfdd1890b

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw
Web: hoeglaw.com