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Society & Culture
Virtual Legality Episode 392

CD Projekt Sued...Again - Let's Talk Cyberpunk Class Actions

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138 138 views
6m Jan 19, 2021
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CD Projekt has been sued! Again! But while reports of a second suit are not inaccurate, there's more to talk about in the wild world of US securities laws, class action consolidations, and, of course, legal fees.

Let's dive in.

For securities class actions, 1+1 usually equals 1...in Virtual Legality.

#Cyberpunk2077 #CDPR #Lawsuit


Discussed in this episode:

"CD Projekt faces a second class-action lawsuit over Cyberpunk 2077"
GamesIndustryBiz - January 19, 2021
https://www.gamesindustry.biz/articles/2021-01-19-cd-projekt-faces-a-second-class-action-lawsuit-over-cyberpunk-2077

"Current report no. 4/2021"
CD Projekt Regulatory Announcement
https://www.cdprojekt.com/en/investors/regulatory-announcements/current-report-no-4-2021/

"CD Projekt, CDPR, and Cyberpunk 2077: We Have a Reputation to Burn"
YouTube Playlist - Hoeg Law
https://www.youtube.com/playlist?list=PL1zDCgJzZUy8QxfJHOJGH8UsiYOqjwhq3

"CD Projekt Sued Over Alleged Cyberpunk Lies! Let's Read the Lawsuit! (VL379)"
YouTube Video - December 28, 2020 - Hoeg Law
https://youtu.be/_qXytLM4Gv8

CDPR Lawsuit
As filed December 24, 2020
https://www.scribd.com/document/489078061/Cyberpunk-2077-class-action-via-Polygon

"Rule 23. Class Actions"
Federal Rules of Civil Procedure
https://www.law.cornell.edu/rules/frcp/rule_23

"Rule 42. Consolidation; Separate Trials"
Federal Rules of Civil Procedure
https://www.law.cornell.edu/rules/frcp/rule_42

"Private securities litigation"
15 USC 78u-4 (Private Securities Act of 1995)
https://www.law.cornell.edu/uscode/text/15/78u-4

"EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against CD Projekt S.A. – OTGLY, OTGLF"
Press Release - December 24, 2020 - Rosen Law Firm
https://www.businesswire.com/news/home/20201224005214/en/EQUITY-ALERT-Rosen-Law-Firm-Files-Securities-Class-Action-Lawsuit-Against-CD-Projekt-S.A.-–-OTGLY-OTGLF


"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.


Blog: hoeglaw.wordpress.com
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DESIGN WORK
Joe Ellis (Logo Design)
Chris Leroux (Motion Graphics)
For more information: contact Chris at @Chrisleroux on Twitter.

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About Hoeg Law

The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.


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