CD Projekt RED pays nearly 2 million in lawsuit from
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CD Projekt RED pays nearly $2 million in lawsuit from angry investors – the studio has been accused of lying about the console versions of Cyberpunk 2077

portal Ars Technica drew attention to the fact that on January 4, the court had approved a settlement agreement between Polish studio CD Projekt RED and a group of investors who had filed a class-action lawsuit against the studio in connection with the problematic launch of Cyberpunk 2077.

    Image source: CD Projekt RED

Image source: CD Projekt RED

We’re talking about claims by shareholder law firm Rosen Law that the CDPR management was lying about the state (unfortunately, as it turned out upon publication) of the PS4 and Xbox One versions of Cyberpunk 2077.

Rosen Law filed a class action lawsuit against CD Projekt RED in December 2020. A year later, in December 2021, the studio I Agree with investors to pay $1.85 million in exchange for a debt waiver, and now this agreement authorized Court.

A federal judge for the Central District of California has ruled that buyers of publicly traded securities of CD Projekt RED will be entitled to approximately $0.49 per share for most of 2020.

    The state of the console versions of Cyberpunk 2077 at launch left a lot to be desired

The state of the console versions of Cyberpunk 2077 at launch left a lot to be desired

Since Cyberpunk 2077’s problematic release, the developers have released a series of patches that have fixed the game’s main technical issues and brought the console versions to a satisfactory state.

Last fall, Cyberpunk 2077 got a second wind: after the release of a major patch 1.6 and the Cyberpunk: Edgerunners anime series, online sales and user rating of the Steam version increased.

Cyberpunk 2077 was released in December 2020 on PC (Steam, GOG, EGS), PS4, Xbox One and Google Stadia and reached PS5, Xbox Series X and S in February 2022. In 2023 on PC and current generation consoles they release the Phantom Liberty -Addon.

About the author

Alan Foster

Alan Foster covers computers and games and all the news in the gaming industry.

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