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Activision Blizzard, the embattled gaming giant that Microsoft recently agreed to buy for nearly $69 billion, is being sued by the family of an employee who died by suicide, with the family blaming the woman’s death on sexual harassment and claiming that a supervisor then lied to detectives about his relationship with her, according to a copy of the complaint obtained by The Washington Post.
The complaint, dated Thursday and filed by the parents of Kerri Moynihan, a 32-year-old finance manager at Activision Blizzard when she was found dead during a company retreat in 2017, claims that sexual harassment was a “significant factor” leading to her death.
American businessmen Barry Diller, David Geffen, and Alexander von Furstenberg are reportedly under investigation for insider trading, having allegedly bought a large quantity of Activision Blizzard shares just ahead of the company being acquired by Microsoft.
According to a report from the Wall Street Journal, the three men bought options to purchase 4.12 million Activision shares on January 14, for around $108 million, four days before the Microsoft acquisition was announced.
Diller, Geffen and Von Furstenberg have links to Activision Blizzard CEO Bobby Kotick.
- Shareholder vote to approve Microsoft acquisition will be held on April 28, results expected on May 4
- Publisher's board of directors encourages shareholders to vote in favour, majority needed for deal to close
- If merger is not approved, Activision Blizzard warns stock will "decline significantly"