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Activision Blizzard under a new Federal Survey, Kotick Bobby convened

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Already attacked by the state of California, by the shareholders and by its activist employees, Activision Blizzard is now the subject of a large-scale survey launched by the Securities and Exchange Commission (SEC), the US Federal Control Agency financial markets.

The SEC survey concerns how the Blizzard Activision Directorate communicated on allegations of discrimination and sexual harassment at the workplace. Grievances revealed in July by a survey of the California Defh Agency and supported by a large number of employees on social networks. According to the information from the Wall Street Journal, the SEC sent a quotation to appear to the members of the Blizzard Activision management, including the CEO Bobby Kotick, and asked for documents.

These documents include excerpts from board meetings going back to 2019, in order to analyze trade between leaders on sexual harassment and discrimination complaints. A spokesman for Activision Blizzard confirmed that the company cooperated with the SEC, which also asked for personal records of six old employees and the details of recent separation agreements that the Company has concluded with former employees.

Gendarme of the American Stock Exchange, the DRI wants to determine whether Activision Blizzard had or not the duty to inform its shareholders of the survey that the company was the subject. Some Activision Blizzard investors believe that the Group s management had the duty to inform them before these problems do the headlines of the press. These investors also filed a complaint by criticizing the leadership for making false / misleading statements or failing to disclose a number of important facts about the business.

It all started as a reminder in July, when the Californian Defh agency filed a complaint against Activision Blizzard by accusing the company for promoting the development of a sexist culture and often ignored harassment and discrimination complaints. . Many employees, most of the time women, then spoke on social networks to testify both the ill-treatment of which they were the object and inaction of management. After showing the premises of Blizzard, militant employees trained the ABK Worker Alliance group and listed a number of measures for the direction.

A direction that has ejected several elements, including the CEO of Blizzard (J. Allen Brack) and the Human Resources Manager (Jesse Meschuk). At the end of July, Bobby Kotick had promised rapidly to take a number of measures, including to improve the capacity to listen and care for employee complaints or to improve diversity at hiring, without being sufficient to Eyes militant employees, who are still asking deeper changes.

We have proceeded and continue to make a number of significant changes to improve our policies and procedures in order to ensure that there is no place, wherever in our business, for discrimination, harassment or The uneven treatment of whatever nature , said a spokesperson for Activision Blizzard.

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