Electronic Arts EA Common Stock Purchasers File Class Action Lawsuit Complaint Against Electronic Arts For Securities Fraud.
A securities fraud class action lawsuit complaint has reportedly been filed against Electronic Arts, Inc. (“Electronic Arts” or “EA”) and others (“Defendants”) in the United States District Court for the Northern District of California (styled Ryan Kelly v. Electronic Arts, Inc.) alleging, among other things, that Electronic Arts made false and misleading statements regarding the rollout of the Battlefield 4 video game, which purportedly was halted due to bugs and crashes, according to the Electronic Arts Battlefield 4 securities fraud class action lawsuit complaint.
The Electronic Arts Battlefield 4 securities fraud class action complaint reportedly is brought on behalf of a putative class of persons who purchased or otherwise acquired Electronic Arts common stock between July 24, 2013 and December 4, 2013.
The Electronic Arts class action lawsuit complaint reported asserts claims for alleged violations of Section 10(b) of the Exchange Act and Rule 10b-5 and for violations of Section 20(a) of the Exchange Act against certain individuals.
The Electronic Arts Battlefield 4 securities fraud class action lawsuit complaint reportedly seeks to recover damages, interest and an award of reasonable counsel fees and costs.
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