December has been an incredibly bad month for CD Projekt Red. Following the disastrous launch of Cyberpunk 2077, which has proven to be plagued by severe bugs and glitches, the game has been removed from the PlayStation Store, with Sony offering all customers full refunds. Now, the studio’s investors are reportedly considering whether to file a class action lawsuit to sue CD Projekt Red.
Investors Planning Lawsuit Against CD Projekt Red?
This latest development comes via a Polish financial website, Bankier, on which CD Projekt investor MikoĊaj Orzechowski states that he and others are investigating whether they could file such a lawsuit. According to Orzechowski, he believes that the company may have broken article 286 of the Polish penal code; misrepresenting something in order to benefit financially.
No doubt many gamers who bought Cyberpunk 2077 on last-generation consoles may feel the same way. The studio didn’t release last-gen versions of the game for review pre-launch. As a result, many of the game’s worst problems were hidden from consumers. CD Projekt Red has publicly apologised for this, and for the general state of the game at present. However, that didn’t stop Sony from taking the unprecedented step of removing the game from the PlayStation Store entirely.
News of this potential lawsuit comes following an emergency call with shareholders last week, during which, CD Projekt’s management faced difficult questions about past reassurances which they had made to shareholders about the state of the game. The management are also dealing with anger from their own development staff, who also received an apology from management at a major internal meeting last week.
Cyberpunk 2077 has reportedly turned a profit, thanks in large part to very strong pre-order sales. However, it remains unclear whether this will hold true after refunds are processed. CD Projekt’s stock has fallen around 43% since the 4th of December (its last highest point); reducing it to the same level that the company’s stock was at back in March. Their stock is likely to keep falling in the short-term.