CD PROJEKT SA CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed against CD Projekt SA | National News

NEW YORK, January 9, 2021 / PRNewswire / – Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed on behalf of all purchasers of the US listed securities of CD Projekt SA (OTC: OTGLY, OTGLF) (“CD Projekt” or the “Company”) who have acquired their shares between January 16, 2020 and 17th December 2020including (the “Class Period”).

All investors who have purchased the American Depositary Receipts (“ADRs”) from CD Projekt SA and have suffered losses are requested to contact the company immediately classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You can get additional information about the promotion or Join the case on our website, www.whafh.com.

If you have suffered losses in the stocks of CD Projekt SA, You may, not later than February 222021, Ask the court to appoint you as the lead plaintiff in the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the shares of CD Projekt SA.

CLICK HERE TO JOIN CASE

According to the complaint filed, throughout the classroom, the defendants made false and / or misleading statements and / or failed to disclose that:

  • Cyberpunk 2077 was practically unplayable on the current generation Xbox or Playstation systems due to an enormous number of bugs.
  • As a result, Sony would remove Cyberpunk 2077 from the Playstation store, and Sony, Microsoft, and CD Projekt would be forced to offer full refunds for the game.
  • As a result, CD Projekt would suffer reputational and financial damage. and
  • As a result, Defendants’ statements about their business, operations and prospects were materially false and misleading and / or were unfounded at all relevant times.

On December 18, 2020Market Insider reported that, “Sony announced on Friday that it was drawing [Cyberpunk 2077] from the PlayStation Store, offering players full refunds after a wave of complaints about the long-awaited title. “The Market Insider report also quoted the company’s co-CEO as saying during an analyst call that”[a]After three delays, we were too focused on getting the game out. “and”[w]We ignored signals about the need for additional time to refine the game on the last generation base consoles. “

In the news, the company’s share price fell $ 3.49 per ADR or 15% to close at $ 18.50 by ADR December 18, 2020.

Wolf Haldenstein has extensive experience prosecuting class and derivative disputes in state and federal courts and appeals courts across the country. The firm has lawyers in various fields of activity and offices in new York, Chicago and San Diego. This law firm’s reputation and expertise in shareholder and other class disputes has been recognized repeatedly by the courts who have appointed them to key positions in complex securities multiple district and consolidated litigation.

If you would like to discuss or join this campaign or if you have any questions about your rights and interests in this current situation, please contact us immediately Wolf Haldenstein by phone at (800) 575-0735 or by email at classmember@whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Heart LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com, or classmember@whafh.com
Tel .: (800) 575-0735 or (212) 545-4774

This press release may be viewed as a solicitor’s advertisement in some jurisdictions under applicable laws and ethical rules.

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