A law firm has filed a class action lawsuit against Cyberpunk 2077 developer CD Projekt Red.
Rosen Law Firm, a global investor rights law firm, said that it was filing the lawsuit “on behalf of purchasers of the securities of CD Projekt S.A.”. In a press release, the law firm said that the lawsuit accused CD Projekt Red for making “false and/or misleading statements” and failing to reveal that Cyberpunk 2077 was “virtually unplayable” on the Xbox One and PS4 due to “an enormous number” of bugs. It pointed out that the state of the game on those platforms resulted in the game’s removal from the PlayStation store and refunds being offered by Sony, Microsoft, and the developers themselves.
It added, “(3) consequently, CD Projekt would suffer reputational and pecuniary harm; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.”
News of a potential lawsuit against CD Projekt Red had emerged earlier on December 19. The New York Times then reported that lawyers and investors in Warsaw, where CD Projekt Red’s home office is based, were considering a class-action lawsuit for “‘misrepresentation in order to receive financial benefits.’” The publication cited a post by Mikołaj Orzechowski, who called themself a Warsaw attorney and CDPR investor, which was uploaded on Bankier.pl.
CD Projekt Red has not released a response to Rosen Law Firm’s lawsuit at the time of writing, although the last few weeks saw the company issuing an apology to the public and facing staff anger during a meeting. In the meantime, it has been issuing updates for Cyberpunk 2077, with Hotfix 1.06 being released on December 24. The update improved console stability and removed the 8MB save file size limit on PC that resulted in corrupted saves, although it noted that saves that were already corrupted won’t be fixed.
