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Activision Blizzard Merger Securities Class Action

Activision Blizzard · Activision Blizzard’s merger with Microsoft · Ongoing Litigation

About this case

The complaint alleges that Activision Blizzard and certain directors made materially false or misleading statements and omissions concerning the company's merger with Microsoft, including the transaction's motive, process, and fairness, in violation of federal securities laws. The matter is pending in the U.S. District Court for the District of Delaware, and the stated June 30, 2026 deadline for lead-plaintiff applications has passed.

Case overview

Defendant company
Activision Blizzard
Product or service
Activision Blizzard’s merger with Microsoft
Case name
The Arbitrage Fund v. Activision Blizzard, Inc., et al.
Court case number
26-cv-00489 (D. Del.)
Case status
Ongoing Litigation
Lawsuit type
Securities
Reported harm
Misrepresentation

Important dates

Lead-plaintiff application

Participation information

Lead-plaintiff application

Investors who sold Activision Blizzard common stock from January 18, 2022 through October 13, 2023, excluding those who tendered their shares in the merger, were identified as potential applicants for lead-plaintiff status.

A person seeking to serve as lead plaintiff was required to petition the court by June 30, 2026.

Type
Lead Plaintiff
Status
Deadline passed
Reported proof requirement
Unclear

Sources