Investor sues Cyberpunk 2077 developer for deception
In the United States, an indictment has been filed against developer CD Projekt RED for deception. The developer would not have been honest about the fact that the game on the PS4 and Xbox One was ‘virtually unplayable’.
New York-based Rosen Law Firm is filing a class action case against CD Projekt RED, on behalf of investor Andrew Trampe. The shareholder and law firm are calling on other investors to join.
The indictment accuses CD Projekt RED of acting misleadingly because Cyberpunk 2077 was not known to be “virtually unplayable on the current generation of Xbox and PlayStation consoles, due to a tremendous amount of bugs.” As a result, Sony decided to remove the game from the PlayStation Store and Sony, Microsoft, physical stores and CD Projekt RED have decided to give buyers their money back if they so choose.
CD Projekt RED: There is no ‘problem’
The troubles not only result in loss of turnover for CD Projekt RED, but also damage to reputation. According to the indictment, previously made prospects of the company can now be regarded as misleading. The developer previously apologized for not showing gameplay images on the base versions of the previous generation consoles.
Before release, during a discussion with investors about the game’s earlier postponement, CD Projekt RED said there were no issues with the console versions. He did say that optimizations were needed, but stated that there was ‘nothing wrong’.
The game has a lot of bugs on all platforms, but on the regular PlayStation 4 and Xbox One the problems are the biggest. CD Projekt RED has already released a number of updates and promises to release major updates in the coming months, which should fix more errors.
The development studio’s US stock fell 25 percent three days after the release of Cyberpunk 2077, according to Bloomberg, and dropped another 16 percent on December 10, when Sony removed the game from PlayStation Store.
According to game analyst Daniel Ahmad, there are four law firms out there consider lawsuits against CD Projekt RED. Last week it became clear that Polish investors have similar plans for a class action.