U.S. securities regulator probes Activision over employment matters

© Reuters/MIKE BLAKE The entrance to the Activision Blizzard Inc. campus is shown in Irvine, California

(Reuters) -Activision Blizzard said on Monday that the U.S. securities regulator was investigating the videogame publisher’s disclosures regarding employment matters and related issues.

The U.S. Securities and Exchange Commission (SEC) has also issued subpoenas to the company and several of its current and former employees, seeking information regarding the matter, the owner of “Call of Duty” and “Candy Crush” franchises said in a statement.

The investigation comes at a time when Activision is embroiled in a lawsuit that alleges equal pay violations, sex discrimination and sexual harassment at the company. (https://reut.rs/3ECUCeE)

Subscribe to our Telegram News Service
Download our mobile app

Shares of Santa Monica, California-based Activision were flat in trading after the bell. They closed down 4.2% after the WSJ first reported on the SEC probe.

The regulator has also issued a subpoena to Activision’s Chief Executive Officer Bobby Kotick, the Journal reported, citing people familiar with the investigation and documents viewed by the newspaper. (https://on.wsj.com/2XCTG9m)

The SEC declined to comment.

California’s anti-discrimination agency has accused Activision of suppressing evidence of sexual harassment and bias against female workers, alleging that the firm allowed a “frat boy” culture in its workplace. (https://reut.rs/3hOn2Zi)

The SEC has asked for documents including minutes from Activision’s board meetings since 2019, personnel files of six former employees as well as Kotick’s communications with other senior executives about sexual harassment or discrimination complaints by employees or contractors, the WSJ report added.

(Reporting by Chavi Mehta and Uday Sampath in Bengaluru; Editing by Anil D’Silva and Vinay Dwivedi)

Internet Explorer Channel Network
News Related


Sara lifts curfew, 24-hr liquor ban

DAVAO CITY: After several months, the city government here has lifted the curfew and the 24-hour liquor ban, following a decrease in the number of active Covid-19 cases in the ... Read more »

Ex-South Korean President Roh Tae-woo dies at 88

SEOUL, South Korea (AP) — A Seoul hospital says former South Korean President Roh Tae-woo has died. He was 88. © Provided by Associated Press FILE – In this Dec. ... Read more »

Elon Musk slams Biden over his new billionaires' tax

© Provided by Daily Mail MailOnline logo Elon Musk has slammed President Joe Biden’s plan to tax billionaires’ income to pay for his proposed spending bill as the Tesla CEO ... Read more »

(LEAD) Hyundai swings to profit in Q3 on base effect

(ATTN: RECASTS throughout with details; ADDS photo) SEOUL, Oct. 26 (Yonhap) — South Korea’s Hyundai Motor Co. on Tuesday turned around in the third quarter from a year earlier due ... Read more »

Novartis wächst auch im Q3 und kündigt Sandoz-Überprüfung an

© KEYSTONE/GEORGIOS KEFALAS Der Pharmakonzern Novartis kehrt Schritt für Schritt zur alten Stärke zurück. Nach einem bereits guten zweiten Quartal sind Umsatz und Gewinn auch im dritten Jahresviertel weiter gestiegen. ... Read more »

So funktionieren die Erziehungsstile der Stars

© Getty Images Mahnfinger und Lächeln: Dieses Foto von Herzogin Kate fasst wohl ziemlich gut zusammen, wie sie als liebevolle aber strenge Lighthouse-Mutter ihren Kindern gegenübertritt. Was ist Koala-Parenting? Und ... Read more »

How the EV boom is crushing Japan's small towns supplying automotive parts

© Bloomberg Electric vehicles on display in a showroom in Japan. Bloomberg Fuji Oozx is one of hundreds of automotive parts suppliers in Japan whose very existence is being threatened ... Read more »

How to unlock Fortnite Rainbow Racer fast

FORTNITE refer-a-friend is back, with a Rainbow Racer skin up for grabs, along with a handful of other rewards. While the program is set to run for a while, you ... Read more »

Novartis more bullish on Cosentyx, Entresto sales as Q3 profit rises

© Reuters/Arnd Wiegmann FILE PHOTO: Swiss drugmaker Novartis’ logo is seen in Stein (Reuters) – Novartis’s third-quarter adjusted operating profit rose 10% as the Swiss drugmaker lifted its peak sales ... Read more »

Ripple and Pyypl team up to offer low-cost cross-border payments to Philippines

© Provided by The National Payment network RippleNet uses its digital currency XRP as a bridge between two fiat currencies. Photo: Unsplash US blockchain technology company Ripple, which is also ... Read more »

Happy Singaporeans deliver food – and joy – to the elderly in need

One of the women who receive services from Singapore nonprofit Happy People Helping People. Photo: Lawrence Chong/Facebook It was a life-changing moment for Teo Cher Tee, 72, who six years ... Read more »

EMA highlights four areas in improving SG's sustainable power sector

© Provided by Singapore Business Review Singapore is currently transitioning towards a more sustainable future and it focuses on the four supply switches for power sector decarbonisation, the Energy Market ... Read more »

Kanak-kanak Malaysia 3 hingga 11 tahun sertai ujian vaksin Sinovac

© Provided by Free Malaysia Today Khairy Jamaluddin berkata, kerajaan sedang meneliti keberkesanan dan keselamatan vaksin Covid-19 untuk kanak-kanak berusia 12 tahun ke bawah. PETALING JAYA: Menteri Kesihatan, Khairy Jamaluddin ... Read more »

Giovanni Pernice confirms split from Maura Higgins as he breaks social media silence

Strictly Come Dancing star Giovanni Pernice has confirmed that he and Maura Higgins have parted ways. The Irish bombshell had been dating Giovanni since June, and it was believed that ... Read more »

‘Significant' rise in ICU admissions for pregnant women with Covid-19

© Getty Pregnant Woman Touching Her Belly While Sitting By The Window, Ireland has witnessed a significant increase in the number of pregnant women with Covid-19 requiring intensive care treatment, ... Read more »

"A bit of a risk" - Sky Sports reporter delivers potential next Newcastle manager claim

© GiveMeSport Members of the consortium which took control of Newcastle United Newcastle United would be taking a risk if they opted to hand the managerial reins to Paulo Fonseca, ... Read more »

If Sunak's budget delivers for financial services, they can deliver for the globe

© Provided by City AM At Conservative party conference, the Chancellor promised to deliver an economy based on “good work, better skills and higher wages” and embrace “the agility, flexibility ... Read more »

Home sales set to hit highest level since 2007

© Provided by City AM The housing market is set to hit the highest level of sales since 2007, with 1.5m sales forecast for 2021. According to the Zoopla September ... Read more »

Major changes to farmers' direct payments from 2023

© Getty Tractor fertilising in field The Government made a number of key announcements last week regarding the future of farm payments under the CAP reform due to come into ... Read more »

Brendan Rodgers 'reluctant' on Manchester United as former Celtic boss tipped to replace Ole Gunnar Solskjaer

Former Celtic boss Brendan Rodgers isn’t keen on becoming the next Manchester United boss, according to reports. The Northern Irishman is just 7/2 with bookmakers and is only second in ... Read more »

Insulate Britain: Nationwide injunction granted against activists

© PA Wire Protesters from Insulate Britain blocking a road near Canary Wharf – PA Wire A new nationwide injunction has been granted against Insulate Britain protesters which means they ... Read more »

Murder at Roaringwater author claims Du Plantier murder was sparked by argument over bottle of wine

© Provided by Extra.ie Nick Foster, author of Murder at Roaringwater, claims Sophie Toscan du Plantier knew her attacker. The writer’s crime book details the inside story of the final ... Read more »

The cities of the world will give us the entrepreneurs to solve the climate puzzle

© Provided by City AM Investment in climate tech companies has increased five-fold since the Paris Agreement was signed in 2015. This year, there has been venture capital investment in ... Read more »

How Hailee Steinfeld's Hawkeye Preparation Honored The Character Of Kate Bishop

© Provided by CinemaBlend Hailee Steinfeld Hawkeye trailer screenshot Over this past year, the Marvel Cinematic Universe has done an excellent job of marrying its film and television productions. In ... Read more »

Live: Protesters take to streets of Khartoum as US slams Sudan coup

© El Tayeb Siddig, Reuters Protesters were defiant on the streets of Sudan early Tuesday to denounce a military coup, as international condemnation of the country’s security forces ramped up with ... Read more »

The assistant director who handed Alec Baldwin the gun on the set of 'Rust' was fired from a film in 2019 after a gun unexpectedly discharged

© Jae C. Hong/AP Photo A Santa Fe County Sheriff’s deputy briefly talks with a security guard at the entrance to the Bonanza Creek Ranch in Santa Fe, N.M., Monday, ... Read more »

Storm's Sue Bird says she hasn't made a decision about retirement, is tempted to play in Seattle's new arena

Seattle Storm legend Sue Bird made an appearance on the “Manning Cast” on Monday night, joining Peyton and Eli Manning for the NFL game between the Seattle Seahawks and New ... Read more »

Stage 2 power cuts to start on Tuesday and continue to Saturday - Eskom

© Pexels JOHANNESBURG – Stage 2 power cuts will start at 9am on Tuesday and continue until Saturday, Eskom said. The power utility said that this was due to a ... Read more »

Eskom: Stage 2 load shedding extended until Saturday

© Provided by CapeTalk More dark days are ahead for South Africans after Eskom announced the extension of Stage 2 power cuts The power utility says it’s battling with a ... Read more »

How Tehreek-e-Labbaik, a banned Islamist outfit, has gained ground in Pakistan

© Provided by Firstpost How Tehreek-e-Labbaik, a banned Islamist outfit, has gained ground in Pakistan On Monday, the Pakistan government headed by Prime Minister Imran Khan released 350 activists of ... Read more »

6 injured in explosion at Sumo Taxi Stand in Sumbal, 2 shifted to Sringar: J-K Police

At least six persons were injured in an explosion at Sumo Taxi Stand, Sumbal in Jammu and Kashmir’s Bandipora district on Tuesday. Of the five, two have been shifted to ... Read more »

COVID-19 update: India registers 12,428 new cases, lowest in more than 7 months

© Provided by DNA India registered 12,428 new COVID-19 cases with 356 daily fatalities in the last 24 hours, taking the overall case tally to 3,42,02,202 and the death toll to 4,55,068, ... Read more »

Jagran Prakashan surges 16% on six-fold jump in Q2 profit

New Delhi: Shares of Jagran Prakashan soared 16 per cent in Tuesday’s session after the company reported a strong performance in the September 2021 quarter. The publisher of Hindi daily ... Read more »

Tata Power Completes Installation of 1,000 EV Charging Stations Across India

© Provided by News18 Tata Power Completes Installation of 1,000 EV Charging Stations Across India Tata Power now has a network of more than 1000 Electric Vehicle (EV) charging stations ... Read more »

BOJ to defy global rate hike trend, cut price outlook

TOKYO: The Bank of Japan is set to maintain its massive stimulus programme on Thursday and slash this year’s inflation forecast in a sign it has no intention to follow ... Read more »

Louisiana governor to announce if he'll lift mask mandate

© Provided by Associated Press Gov. John Bel Edwards announces he is extending Louisiana’s face mask mandate for another month at a press conference held Tuesday, Sept. 28, 2021, in ... Read more »

Railways to Operate 13 Pairs of Special Trains With Unreserved Seats During Festive Season

© Provided by News18 Railways to Operate 13 Pairs of Special Trains With Unreserved Seats During Festive Season The Indian Railways on Monday evening announced to operate special reserved trains ... Read more »

NCB prepared to oppose bail plea of Aryan Khan in HC today

Mumbai High Court will hear the bail plea of Aryan Khan today. Lawyers appearing for the Narcotics Control Bureau are prepared with their argument to contest the bail plea of ... Read more »

UP Polls: Amit Shah To Visit Lucknow on 29 October as BJP Gears Up to Kickstart Membership Drive

© Provided by News18 UP Polls: Amit Shah To Visit Lucknow on 29 October as BJP Gears Up to Kickstart Membership Drive The Union Home Minister Amit Shah will launch ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic