Multiple Class Action Lawsuits Filed Against Acti-Blizz

Community General Discussion
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writes novel LOL

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In before deleted

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https://www.vox.com/policy-and-politics/2016/12/16/13971482/mcdonalds-coffee-lawsuit-stella-liebeck

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Crud — i thought this was about tge flying fox mount… its huge looking on the website then when you get it… its tiny

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That sounds about right for you. Thanks for making things clear as always.

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I always shake my head when someone uses this one-liner with the thought that it actually makes sense as if someone who points out someone poor logic in a discussion forum could not possibly ever have fun. eyeroll

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Fun people at parties are too busy doing belly shots and keg stands.

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Anyone can file a class action, or other lawsuit, for any reason.

It isn’t news until it actually wins.

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Okay, hold up, here;

What the lawsuit is alleging is that Activision was asked “Hey, is your relationship with Bungie going well, and can we continue to count on Destiny and Destiny 2 being profitable for shareholders in the coming year?”

And it’s saying their reply was, in essence, “Yeah, things are great!” - but saying that while simultaneously knowing they were in the process of negotiating Bungie’s separation.

If that “things are great!” advice led someone to invest in Activision, and the separation of Bungie can be proven to have caused that investment to take a loss WHILE ALSO proving that Activision was knowingly providing that advice while simultaneously negotiating the separation of Bungie - then yeah, you’d have to think that’s 100% a cause for an (entirely reasonable) lawsuit.

So then we get to you (and others) saying the OP doesn’t know what they’re talking about? What they were asking was “Hey, might this sort of thing, if proven, have an effect on Blizzard and, therefore, WoW?” And that’s a perfectly reasonable question.

For example: let’s say the case is proven to hold merit. Yes, Activision said “invest in us, because Destiny 2 is doing great, and will be all through 2019!”, but at the same time there are a bunch of emails where they’re talking to Bungie about the terms of them separating back out, and taking Destiny 2 with them. That could be proven to mean that Activision were giving out deliberately misleading financial statements, and that’s not a small thing.

So asking if that could have an effect on WoW - for example, Blizzard’s board of directors saying “Whoah, we don’t want to be known as ‘that company attached to the bad-financial-advice-giving Activision’” - and deciding it might want to distance themselves from it all by separating, too? Stranger things have happened.

In other words - the OP wasn’t saying they knew what was going to happen. They were asking for anyone who MIGHT know what MIGHT happen in this sort of situation to tell them what COULD occur.

Which is what people do when they want to learn new things.

I get that one of the new forum trends is to start chanting “Blizzard isn’t Activision” any time Activision gets brought up, but it really isn’t warranted here. The OP asked an entirely reasonable question.

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I don’t have a degree from Yale Law but I did sleep in a Holiday Inn Express last night.

As for the OP I doubt that this lawsuit will end up being a big deal, I would imagine that big companies like Activision-Blizzard gets class action lawsuits filed against them regularly and have pretty good lawyers to fight it.

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Two words:

Binding Arbitration.

These won’t go anywhere except there.

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This is old news - another thread was already made about it. And why do people like you want to fear monger in this way ?

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Yeah…that isn’t really even possible.

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Heres my honest opinion with a whole 38 shares (around 1500 bucks) in atvi-blizz.

Wow is dead. Or dying (i should have said).

Its an opportunity cost resource hog on atvi. They are winding it down.

So long as wow continues, blizzards resources… or rather talent are tied up in it.
So long as wow continues, no other IP will reach its genuine potential (outside of wow2).
Wow has boxed itself into a corner. Classic (the reason i put my cash down) may well be a low cost savior of the franchise and provide a consistent revenue stream to blizz. But its never going to replace wow or the moment it went stratospheric. It also offers cheap upgradeable resources. Thousands of them. Its like final fantasy 7 with the architecture of modern gaming (assuming theyve done exactly what they said theyd do and built this from the ground up precisely for those updates). Its basically a remastering of wow vanilla with an entire house of resources to push the franchise (at almost zero AAA cost). It’s literally free money.

The modern game is a mess. I would never invest in it (i mean, i would if this was 10 years ago, but going forward? no chance.). Blizzard are a shell of who they were (thanks atvi).

But they need a new IP. DESPERATELY need a new IP. And wow is in the way. It’s still making cash hand over fist, but its long since peaked and in obvious decline. I said id buy right back in at 40. But perhaps i’ll wait til the mid 30s. Atvi are garbage.

The bottom line is that so long as blizzard still back wow, a dated dead game, they cant tap into the market they genuinely deliver on. So long as wow exists, and is moderately or even marginally successful, all that talent is stuck in a dead end fighting against obvious and inevitable attrition.

I bought shares because i believe in blizzard (perhaps i should have, with hindsight taken on board the full and garbage output of atvi without blizz), and i know they will deliver in the end. But this game is a resource drag. Activision knows it, blizzard knows it. That’s why they’re jumping through hoops trying to convince us to persevere. But its pretty much a dead game running through the motions. This is why you’re mad. And quite right too.

ETA: (which doesnt mean estimated time of arrival you non internet savvy savages): this lawsuit is zero. Its basically no win no fee speculative bs. All atvi need to do is produce a) a collapse in relations which would harm confidence (they have this by the way with bungie contradicting them) or b) produce evidence that the sale of bungie (as yet undisclosed, the price they paid to atvi to be released from said contract) would BENEFIT shareholders immediately, and its a non starter. And this is a hell of a thing to prove one way or another. Which makes proving it near impossible.

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This kinda thing happens a lot with publicly traded companies. The law firm makes money (even if they lose) from the people they con in to paying them to sue. Most of the time they never have any intention of winning.

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:roll_eyes:

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or dying. (i should have said).

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isn’t this more of a destiny forum topic?

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Actually, the sarcasm eludes to analyzing things to death that don’t require it or are in itself, rather petty to waste time thinking critically about. You should try to project your opinion less and just roll with the humor and enjoy the banter.

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Awarded amount was reduced from $2.68 million to $640k, and was settled for a lower amount before an appeal was completed.

No, they didn’t. At the time of that incident, McDonald’s coffee was served between 180-190 degrees (F), the same as Starbucks, Dunkin’ Donuts, etc. It met industry standards. Since the incident, the only change McDonald’s has made is their coffee is served between 176-194 degrees (F), four degrees less to 4 degrees more than the temperature at the time of the incident. Other coffee outlets serve their coffee in the same range.

Gossip and rumor change daily; the facts remain the same.

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