Players have already expressed their disappointment with ‘Cyberpunk 2077,’ perhaps the most anticipated video game of the year. Now it’s the investors’ turn.
An investor in CD Projekt, the studio behind ‘Cyberpunk 2077’, sued the company and its executives on Thursday in a federal court in Los Angeles, claiming that they overplayed the game with false and misleading statements and cost him money and other investors.
The game suffers from “an enormous number of bugs”, says the process, echoing the complaints of the players.
Eight million people pre-ordered copies of ‘Cyberpunk 2077’, a science fiction game set in a futuristic fantasy city with movie star Keanu Reeves as the basis for a character. But many players quickly became irritated by the game after it launched this month, noting a series of flaws and calling the development negligent.
Sony and Microsoft offered refunds to players who bought the game through their PlayStation and Xbox online stores. Sony went so far as to withdraw the game from its store, shocking industry analysts.
The suit filed by investor Andrew Trampe claims that CD Projekt exaggerated the game and its share price for months with a series of overly positive statements, like one in January that said ‘Cyberpunk 2077’ was “complete and playable” at the time .
“Defendants’ statements about their business, operations and prospects were materially false and misleading and / or lacked a reasonable basis at all relevant times,” says the lawsuit. He asks the court to recognize the suit as a class action suit on behalf of all similar investors.
CD Projekt, based in Warsaw, Poland, did not immediately respond to a request for comment sent outside normal business hours.
CD Projekt’s shares fell about 38% from the beginning of December, before the company launched the game.
The company said it had sold more than 13 million copies of ‘Cyberpunk 2077′ as of December 20, losing analysts’ forecasts, Reuters reported on Tuesday.