EA being investigated under allegations of misleading investors with ‘Battlefield 4’

EA being investigated under allegations of misleading investors with ‘Battlefield 4’

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It’s no surprise that people are pissed off with Battlefield 4‘s lackluster debut. The game is so broken and developer DICE is taking so long to find a fix for it that Electronic Arts (the game’s publisher) has suffered a 5% stock drop in a single day. To add to the video game conglomerate’s woes, EA is currently being investigated by a law firm for misleading its investors with the latest in the Battlefield franchise.

According to an investor alert posted by Business Wire, Holzer Holzer & Fistel, LLC is currently investigating EA to see whether or not the company deliberately misled investors with Battlefield 4‘s development between July 24, 2013 and December 4, 2013 with focus on “statements issued during that time regarding the development and sales of [Battlefield 4] and the game’s impact on EA’s revenue and projects moving forward.”

The law firm encourages shareholders who purchased shares between July 24th and December 4th to contact them for legal consultation.

Source: Business Wire (via Joystiq)

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Anthony Magestro

Anthony "Tony" Magestro--or known on the field of battle as Metzge--is an avid writer, gamer, and entrepreneur. When he's not writing, gaming, or entrepreneuring, he enjoys cooking, trippy movies, and trying to be awesome to varying degrees of success. Feel free to check out his LinkedIn page, especially if you need freelance help with content writing or digital marketing. Or just like to network, that's fine too.