US securities regulator probes Activision over employment matters

US securities regulator probes Activision over employment matters

21/9/2021 12:30:00 AM

US securities regulator probes Activision over employment matters

:Activision Blizzard said on Monday that the U.S. securities regulator was investigating the videogame publisher's disclosures regarding employment matters and related issues.The U.S. Securities and Exchange Commission (SEC) has also issued subpoenas to the company and several of its current and former emplo

:Activision Blizzard said on Monday that the U.S. securities regulator was investigating the videogame publisher's disclosures regarding employment matters and related issues.The U.S. Securities and Exchange Commission (SEC) has also issued subpoenas to the company and several of its current and former employees, seeking information regarding the matter, the owner of"Call of Duty" and"Candy Crush" franchises said in a statement.

3,862 new Covid-19 cases in S’pore; record 18 deaths reported in a day brings tally to 264 Covid-19: Healthcare system still under pressure as hospitalised patients, ICU cases continue to rise, says MOH 3,862 new COVID-19 cases as Singapore reports 18 more deaths

The investigation comes at a time when Activision is embroiled in a lawsuit that alleges equal pay violations, sex discrimination and sexual harassment at the company. (https://reut.rs/3ECUCeE)Shares of Santa Monica, California-based Activision were flat in trading after the bell. They closed down 4.2per cent after the WSJ first reported on the SEC probe.

The regulator has also issued a subpoena to Activision's Chief Executive Officer Bobby Kotick, the Journal reported, citing people familiar with the investigation and documents viewed by the newspaper. (https://on.wsj.com/2XCTG9m)The SEC declined to comment. headtopics.com

California's anti-discrimination agency has accused Activision of suppressing evidence of sexual harassment and bias against female workers, alleging that the firm allowed a"frat boy" culture in its workplace. (https://reut.rs/3hOn2Zi)The SEC has asked for documents including minutes from Activision's board meetings since 2019, personnel files of six former employees as well as Kotick's communications with other senior executives about sexual harassment or discrimination complaints by employees or contractors, the WSJ report added.

(Reporting by Chavi Mehta and Uday Sampath in Bengaluru; Editing by Anil D'Silva and Vinay Dwivedi) Read more: CNA »

Covid-19: From Oct 13, unvaccinated people not allowed to dine in or enter malls, attractions

SINGAPORE — Starting Wednesday (Oct 13) those who are not fully vaccinated will not be allowed entry into malls, large standalone stores, attractions, hawker centres and coffee shops, so as to protect them and reduce the strain on the healthcare system, the Ministry of Health (MOH) said.

US securities regulator probing Activision over workplace practices - WSJThe U.S. securities regulator is investigating Activision Blizzard's handling of employees' allegations of sexual misconduct and workplace discrimination, the Wall Street Journal reported on Monday, citing people familiar with the investigation and documents viewed by it.Shares of the videogame publisher

US securities regulator probes Activision over workplace practices: ReportThe US securities regulator is investigating Activision Blizzard\u0027s handling of employees\u0027 allegations of sexual misconduct and workplace discrimination, the Wall Street Journal reported on Monday, citing people familiar with the investigation and documents viewed by it. Shares of the Santa Monica, Cal

US opens probe into 30 million vehicles over air bag inflatorsWASHINGTON: US auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters shows. The National Highway Traffic Safety Administration (NHTSA) on Friday opened a

France's OVHcloud prepares for US$ 4.7 billion IPO- WSJFrench cloud computing services provider OVHcloud plans to launch a possible initial public offering as soon as Monday that could value it at more than US$4.7 billion, the Wall Street Journal reported https://on.wsj.com/3nP539c on Sunday, citing people familiar with the matter. The cloud-service provider

Body found matching description of US missing woman Gabby Petito: FBIWASHINGTON — US law enforcement said Sunday (Sept 19) a body found in a US national forest in Wyoming, where a search was underway for Gabrielle

North Korea says US submarine deal, alliance could trigger 'nuclear arms race'SEOUL — North Korea's foreign ministry on Monday (Sept 20) said a new United States (US) alliance in the Indo-Pacific and recent US submarine contract with Australia could trigger a