2 years ago
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Some Activision Blizzard shareholders want to rake through the company’s records to investigate whether CEO Bobby Kotick pushed through the takeover by Microsoft to prevent himself being found liable for alleged misconduct, according to a recently filed complaint. The ‘220 complaint’ – a legal recourse for shareholders to seek access to company books and records – was filed in Delaware by New York City Employees’ Retirement System and pension funds for teachers, police and firefighters on April 26th. It’s since been shared with Axios.