Activision Class Action Lawsuit For Relatively New Shareholders

[Captain Crunch]

Activision Blizzard Hit With Multiple Class Action Lawsuits Over Bungie Split

Link to how to apply
ATVI CLASS ACTION DEADLINE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Activision Blizzard, Inc. – ATVI

 

[Tunez]

 

[Kamikaze Revy]

"According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the termination of Activision Blizzard and Bungie Inc.’s partnership, giving Bungie full publishing rights and responsibilities for the Destiny franchise, a series of science fiction-themed video games, was imminent; (2) the termination of the two companies’ relationship would foreseeably have a significant negative impact on Activision Blizzard’s revenues; and (3) as a result, Activision Blizzard’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages."

I'm not understanding (or seeing) the part that would even remotely affect anyone outside of Activision/Bungie staff.