Cyberpunk 2077 lawsuit settled with investors for $1.85 million
A $1.85 million lawsuit between Cyberpunk 2077 developer CD Projekt Red and its investors has been settled.
The game was released in a notoriously buggy state, particularly on PlayStation 4 and Xbox One, leading to a complaint filed in December 2020 alleging the developer misled both customers and investors about how playable the game was be.
Now a federal judge in California has logged off on the bill (thanks ArsTechnica), where everyone who purchased publicly traded CDPR stock during most of 2020 is eligible for Settlement Funds at approximately $0.49 per qualifying share.
The lawsuit, which consolidated numerous complaints into one, claimed the game was “unplayable” on consoles and its removal from digital stores resulted in investors suffering damages.
Review copies of the game were only released for PC, allegedly misleading players and investors about the game’s status on consoles. CD Projekt Red later apologized and offered refunds.
Once settled, CD Projekt Red will be released from all claims in the lawsuit.
Since its release, the developer has heavily patched the game, which has since grown in popularity. It has now sold over 20 million copies, thanks in part to the popularity of the Edgerunners spin-off Netflix anime.
https://www.eurogamer.net/cyberpunk-2077-lawsuit-settled-with-investors-for-185-million Cyberpunk 2077 lawsuit settled with investors for $1.85 million