Microsoft will pay $250 million to settle a lawsuit brought by Activision Blizzard shareholders. The lawsuit had become complicated and risked bringing attention back to previous accusations of misconduct at Activision Blizzard, which were already under review when Microsoft acquired the company.
In 2022, the Swedish pension fund Sjunde AP-Fonden (AP7) filed a lawsuit claiming Activision Blizzard rushed its sale to Microsoft without properly considering other options. They argued this prevented shareholders from potentially receiving a better price than the $95 per share offered. The lawsuit also alleged that former CEO Bobby Kotick pushed for the quick sale to safeguard his job amid increasing concerns about misconduct within the company. The case gained attention for both its challenge to the large merger and for resurfacing issues related to Activision Blizzard’s workplace culture.
Microsoft’s New Settlement Would Add 30 Cents Per Share for Eligible Activision Blizzard Investors
After a four-year legal battle, a proposed settlement suggests the dispute is nearing a resolution. Filed in May 2026, the agreement would have Microsoft pay $250 million, with no party acknowledging any fault – a common practice in these types of settlements. This would result in roughly 30 cents per share for former shareholders. Those who held stock in the company between Microsoft’s initial announcement of the Activision Blizzard acquisition in January 2022 and the deal’s finalization in October 2023 may be eligible for a payout, pending the judge’s approval.
As a longtime follower of this whole Microsoft-Activision saga, it’s been a really messy legal battle! From what I understand, Microsoft basically settled to avoid a long, expensive court fight – which is pretty typical in these situations. They also strongly denied all the accusations about a toxic workplace culture at Activision, or that the board, including Bobby Kotick, did anything wrong when dealing with those issues. Kotick himself has been fighting these claims for years, and even countersued the group that initially brought the lawsuit, making things even more complicated. Thankfully, it sounds like all of this is finally coming to an end soon, which is a huge relief!
In July 2021, California sued Activision Blizzard over workplace discrimination. A lawsuit filed by AP7 initially relied on claims made in the California case. However, as part of a proposed settlement, AP7 admitted some of its claims were based on allegations that weren’t proven in court or through independent investigation. The California case concluded in December 2023 with Activision Blizzard agreeing to pay $54 million, without admitting fault.
Guess the games from the emojis.
Gamoji
Guess the game from the emojis.
Title
Clues
Results
Title
— Clues
—
Okay, so when Microsoft first announced they were buying Activision Blizzard, everyone was talking about a $68.7 billion deal – seriously huge, like the biggest tech acquisition ever. But after everything went through in October 2023, Microsoft actually said the total cost ended up being $75.4 billion. That $250 million they had to pay to settle things? It only bumped up the total price by about 0.33%, which isn’t a ton considering the massive scale of the whole thing.
Read More
- NTE Drift Guide (& Best Car Mods for Drifting)
- Forza Horizon 6: Find the Ohtani Treasure Chest Location
- Diablo 4 Best Loot Filter Codes
- Conduit Crystal Location In Subnautica 2
- Boruto: Ikemoto Has Already Hinted At Sasuke’s New Eye After Return
- Where to Find Prescription in Where Winds Meet (Raw Leaf Porridge Quest)
- Deltarune Chapter 1 100% Walkthrough: Complete Guide to Secrets and Bosses
- USD RUB PREDICTION
- Brent Oil Forecast
- Starsand Island’s Rarest Achievements and How to Earn Them
2026-05-24 00:35