Activision Blizzard to pay $35 million to settle regulatory claims
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Video game developer Activision Blizzard to pay $35M to settle claims US Securities and Exchange Commission (SEC) related to employee misconduct disclosure violations, including sexual harassment. In addition, the company settled claims related to non-compliance with the rules for the protection of employees who report cases of misconduct.
Between 2018 and 2021, Activision Blizzard experienced frequent instances of sexual harassment, employee harassment, and wage inequalities, the SEC said in a statement. However, until these complaints hit the media and a scandal erupted, Activision Blizzard management did not take proper action: they did not listen to the victims, did not analyze the situation, and did not deal with issues of violation of official discipline. In September 2021, the company’s employees filed a complaint with the US National Labor Relations Administration. In the same month, own investigation start SEC, and in early 2022, this investigation was expanded.
In March 2022, Activision Blizzard settled the claims of the Employment Equity Commission, allocating $ 18 million to compensate victims of discrimination and sexual harassment. Activision Blizzard itself claims that over the past two years they have reviewed and improved the process for receiving and resolving employee complaints. Under the terms of the now-announced settlement with the SEC, the game developer does not admit or deny guilt.
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