A newly publicized New York City lawsuit sets its sights directly on Activision Blizzard CEO Bobby Kotick and, more specifically, on the allegedly devious reasons he accepted Microsoft’s $68.7 billion buyout offer earlier this year. The lawsuit claims Kotick rushed to complete the takeover in order to squirm his way out of any liability for misconduct at Activision.
The lawsuit, a copy of which was provided to Axios this week, was not submitted by the kind of watchdogs that have been suing Activision for other misdeeds. This one originated with the New York City Employees’ Retirement System and pension funds for teachers, police, and firefighters, groups that own stock in Activision.
