Activision Blizzard to Pay $35 Million in SEC Settlement
Activision Blizzard has agreed to pay a $35 million fine in order to settle regulatory claims with the U.S. Securities and Exchange Commission. First reported in November 2021, the SEC began investigating Activision Blizzard to discern whether its executives properly disclosed allegations of workplace misconduct with investors, following the revelation that the company was being sued for sexual harassment and discrimination by the California Department of Fair Employment and Housing.
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