CD Projekt SA, the Polish video game publisher of Cyberpunk 2077, has been sued by an investor who claims that the company deceived him about the potential of the erroneous game that caused his botched release on the this month to dive shares.
Andrew Trampe refused Thursday in federal court in Los Angeles while trying to represent other investors who bought the company’s securities.
The Projekt CD did not reveal that Cyberpunk 2077 was “almost playable on the current generation Xbox or PlayStation systems due to a large number of bugs,” according to the complaint. As a result, Sony. removed Cyberpunk 2077 from the PlayStation store, and Sony, Microsoft. and the company was forced to offer a full refund for the game, according to the complaint.
The company’s American investment receipts fell 25 percent in the three days after Cyberpunk 2077 was released on Dec. 10. They fell another 16 percent after Sony took the game out of its PlayStation store on 18 December.
Projekt’s CD representatives did not respond to an email request for comment, which was submitted after regular business hours.
Last week, the studio said it had sold 13 million copies of its troubled Cyberpunk 2077 game by Dec. 20, a figure reflected in the number of refund requests received by the company. .
The pending sales update does not include information on the scale of the refunds themselves, simply giving the net sales number. Cyberpunk was so wise that Sony pulled the title from its PlayStation store while Microsoft offered a full rebate to Xbox users.
“This figure represents estimated sales across all hardware platforms (including brick-and-mortar customer-generated products as well as digital storefronts), ie, the ‘sell-through’ figure, less reimbursement requests – sent directly to the company, ”CD Projekt said in a management filing on Tuesday.
The sales figure comes to about half of the 12-month sales forecast in Bloomberg’s study of nine analysts, which was taken before Sony removed the game from its store. The game had more than 8 million pre-orders before the first Dec. 10, prompted online outcry from players plagued by its poor performance and a drop in the price of Projekt’s CD installments.
© 2020 Bloomberg LP
Which TV is best under Rs. 25,000? We discussed this on Orbital, our weekly tech podcast, which you can subscribe via Apple Podcasts, Google Podcasts, or RSS, download the program, or just hit the play button below.