Seems, CD Projekt RED’s traders aren’t all that troublesome to placate. A yr after the developer was sued for making false and deceptive statements relating to Cyberpunk 2077‘s console variations, which resulted in losses for traders, a settlement has been reached for $1.85 million – a paltry sum contemplating the ruckus.
“Within the framework of negotiations regarding a possible settlement settlement in a case pending earlier than the US District Court docket for the Central District of California, a proposal relating to key phrases, which – if agreed upon – would supply the idea for a potential written settlement settlement was formally formulated on 7 December 2021,” reads an announcement from CD Projekt RED. “In line with these phrases, members of the category (together with the plaintiffs) would relinquish all claims in opposition to the Firm and members of its Administration Board.”
The deal is anticipated to conclude inside a few months and is topic to the court docket’s approval.
Cyberpunk 2077‘s launch was probably the most embarrassing episode in CD Projekt RED’s historical past. The corporate’s administration continued to make deceptive statements and solely doubled down on its claims when confronted. Lately, it emerged that the studio lied about Keanu Reeves having performed Cyberpunk 2077 when the actor outright denied taking part in it throughout an interview.
However all’s properly that finish’s properly…for traders and CD Projekt RED, that’s.[Source: CDPR]