Videogame maker Activision Blizzard has agreed to pay $35 million to settle federal regulatory charges that it failed to collect and respond to employee complaints of workplace misconduct and violated a federal whistleblower protection rule.
The lack of necessary controls left Activision"without the means to determine whether larger issues existed that needed to be disclosed to investors,” said Jason Burt, director of the SEC’s Denver office. “Moreover, taking action to impede former employees from communicating directly with the Commission staff about a possible securities law violation is not only bad corporate governance, it is illegal.
in 2021 over employee complaints about sexual harassment. Workers then also accused the company of discriminating against employees who were pregnant and retaliating against employees who spoke out, including firing them.
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