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Cyberpunk 2077’s class action lawsuit settlement has been approved

Cyberpunk 2077’s class action lawsuit settlement has been approved

News Admin by News Admin
January 7, 2023
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Cyberpunk 2077 launched in a sorry state, prompting rending of clothes by avid gamers and a category motion lawsuit from CD Projekt Crimson buyers. That swimsuit alleged that CDPR had “made materially false or deceptive statements” concerning the sport, significantly as associated to the situation of its console launch, and sought damages.

Now a proposed settlement has been authorized by a federal decide in California’s Central District. The settlement reached will see CDPR pay out $1.85 million USD (round £1.52m GBP), or roughly $0.49 per eligible share.

The lawsuit started as 4 separate actions introduced by buyers and shareholders, earlier than being merged into one in Could 2021. The legal professionals behind the swimsuit claimed that Cyberpunk 2077 was “just about unplayable” on Xbox One and PlayStation 4, and that CDPR withheld that reality. This led to Cyberpunk 2077 being faraway from sale on the PlayStation retailer, and prompted injury to CDPR’s popularity and share worth.

The settlement was tentatively agreed and introduced again in December 2021, pending court docket approval. That approval has now been given.

So as to be eligible for compensation, buyers might want to have bought CDPR inventory between January sixteenth 2020 and December seventeenth 2020. The decide’s ruling – which you’ll view as a PDF – outlines how elogible shareholders will probably be notified and units a number of deadlines for wrapping up the case, with last approval to be given on June 1st, 2023.

In its years since launch, Cyberpunk 2077 has been patched a number of instances on all platforms, together with PC. It has additionally acquired a second surge of gamers because of the reputation of the Cyberpunk: Edgerunners anime. Later this 12 months, CDPR will launch Cyberpunk’s first main enlargement, Phantom Liberty, which stars Idris Elba.





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