Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Electronic Arts announces a class action suit on behalf of EA shareholders over loss in value caused by Battlefield 4 issues, with portions of the complaint also referencing problems specific to the PS4 edition of the military shooter sequel. GameInformer also notes that another law firm stated last week they were "investigating" similar legal action. Here's part of the complaint in the newer story:
According to the complaint, defendants’ Class Period statements were materially false and misleading because they failed to disclose and misrepresented the following adverse facts which were known to or recklessly disregarded by defendants:
(a) Battlefield 4 was riddled with bugs and multiple other problems, including downloadable content that allowed players access to more levels of the game, a myriad of connectivity issues, server limitations, lost data and repeated sudden crashes, among other things;
(b) as a result, Electronic Arts would not achieve a successful holiday season 2013 rollout of Battlefield 4;
(c) the performance of the Electronic Arts unit publishing Battlefield 4 was so deficient that all other projects that unit was involved in had to be put on hold to permit it to focus its efforts on fixing Battlefield 4;
(d) as a result, Electronic Arts was not on track to achieve the financial results it had told the market it was on track to achieve during the Class Period.