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The U.S. Securities and Exchange Commission has begun an investigation of videogame producer Activision Blizzard Inc. (NASDAQ: ATVI) regarding how the Santa Monica, California-headquartered company has handled employee complaints of alleged sexual misconduct and workplace discrimination. What Happened: The Wall Street Journal, citing unnamed “people familiar with the investigation” and documents that have not been made available to the public, reported the SEC has subpoenaed company executives including CEO Bobby Kotick and is requesting corporate documents including minutes from all board meetings since 2019, personnel files of six former employees and the separation agreements involving staffers who left Activision this year.
...read full article on Benzinga