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CD Projekt enters settlement talks in Cyberpunk investor lawsuit

CD Projekt enters settlement talks in Cyberpunk investor lawsuit

Polish games firm CD Projekt has said that it has entered settlement discussions with investors who sued the company following Cyberpunk 2077's botched launch.

In a release to investorsspotted by VGC – the firm said that the US District Court for the Central District Court of California has suspended proceedings due to the fact that the two parties are now trying to work out a settlement.

This case is seemingly The Rosen Law Firm's class-action lawsuit against CD Projekt – filed on Christmas Eve 2020 – with the framework of this settlement set to be filed by January 13th, 2022.

“Should a consensus be reached with regard to the conditions of the potential settlement, the parties will file for its approval by the Court," CD Projekt wrote.

“The decision on whether to approve the settlement and permit its implementation shall be issued by the Court once certain additional formal conditions are satisfied.

“It should also be noted that entering into negotiations concerning a potential settlement should in no way be construed as acceptance by the Company or members of its Management Board of any allegations expressed in the plaintiffs’ court filings.”

This is one of four lawsuits that CD Projekt is facing from investors who felt they were misled by the company over the quality of Cyberpunk 2077. The firm vowed "vigorous action" to defend itself against these cases.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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