CD Projekt RED Settled Investor Lawsuit For Nearly Two Million Bucks

CD Projekt RED, the Witcher and Cyberpunk 2077 developer and publisher, has settled an investor lawsuit for $1.85 million.

By LCLupus, Posted 06 Jan 2023

It’s well known that when Cyberpunk 2077 released, the game was a buggy mess, especially on the previous-gen consoles. After several years of patches, fixes, and updates, the game is a far better experience overall. However, that initial bad launch led to issues between CD Projekt RED, the developer and publisher of Cyberpunk 2077, and some of the investors. Those issues eventually led to a lawsuit that has now, years later, been settled for $1.85 million.

Cyberpunk 2077, CD Projekt RED, Lawsuit, Investors, Settlement, California, The Witcher, Latest, News

The settlement was signed off by a California judge and the settlement stipulates that every shareholder who acquired publicly traded shares throughout most of 2020 is entitled to some compensatory cash. The cash is roughly equal to $0.49 per share, which means that the biggest shareholders should be in for a rather large payout. Although not too large.

When Cyberpunk 2077 released, it definitely wasn’t the highly polished product that gamers and investors expected from the Witcher 3 developer. This then led to several investors seeking damages for misleading both players and investors with the company’s marketing and review strategy, which involved only sending PC codes to reviewers. However, because of the terms of the settlement, CD Projekt RED is released of all claims of the lawsuit, so it can now resume its focus on its upcoming deluge of Witcher games and a Cyberpunk 2077 sequel.

Cyberpunk 2077 continues to grow in popularity, and it has succeeded far more admirably years after its release than it did in those early weeks where most buzz tends to exist. The Edgerunners anime spin-off on Netflix and subsequent DLC have certainly helped restore the popularity that the game was likely expecting when it first released.

Expect CD Projekt RED to barrel ahead now that this lawsuit is no longer hanging over the company, not that that would have likely ever caused any real issues in the long-term anyway though.

Justin van Huyssteen (@LC_Lupus)
Senior Editor, NoobFeed

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General Information

Platform(s): Xbox One, PC
Publisher(s): CD Projekt, CD Projekt RED
Developer(s): CD Projekt RED
Genres: Action, Adventure
Themes: Cyberpunk
Release Date: 2020-12-10

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