Why Is Everyone Talking About Activision Blizzard Stock?
Activision Blizzard (NASDAQ: ATVI) has recently dominated headlines for all the wrong reasons. On July 20, California's Department of Fair Employment and Housing (DEFH) filed a lawsuit against the video game giant, stating a two-year investigation revealed a pattern of ongoing harassment and discrimination against its female employees.
Hundreds of employees staged a massive walkout in response to the lawsuit, and more than 2,600 current and former employees signed an open letter to the management demanding immediate changes. Some of Activision Blizzard's investors also filed a class-action lawsuit against the company, claiming it misled investors about the ongoing investigation.
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Source Fool.com
