Stock Groups

U.S. securities regulator probing Activision over workplace practices

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: This is the entrance to Activision Blizzard Inc.’s campus in Irvine (California), U.S.A, on 6 August 2019. REUTERS/Mike Blake

(Reuters) – The U.S. securities regulator is investigating Activision Blizzard (NASDAQ:)’s handling of employees’ allegations of sexual misconduct and workplace discrimination, the Wall Street Journal reported on Monday, citing people familiar with the investigation and documents viewed by it.

In afternoon trading, shares of the publisher of videogames fell 5.4%. (https://on.wsj.com/2XCTG9m)

The company and the U.S. Securities and Exchange Commission did not immediately respond to Reuters’ requests for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. Instead, they are determined by marketmakers. As such, the prices might not reflect market conditions and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]