LOS ANGELES, CA / ACCESSWIRE / January 13, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CD Projekt S.A. ("CD Projekt" or "the Company") (OTC PINK:OTGLY) (OTC PINK:OTGLF) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Market Insider reported on CD Projekt's "Cyberpunk 2077" game launch on December 18, 2020. According to the report, "Sony announced on Friday that it was pulling [Cyberpunk 2077] from its PlayStation Store and offering full refunds to players following a wave of complaints about the long-awaited title." The report quotes the Company's co-CEO as saying during an analyst call that after three delays, we were too focused on releasing the game," and "we ignored signals about the need for additional time to refine the game on the base last-gen consoles." Based on this news, CD Projekt's American depositary share ("ADS") price dropped 15% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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