{"id":413732,"date":"2021-01-13T03:04:27","date_gmt":"2021-01-13T08:04:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413732"},"modified":"2021-01-13T03:04:27","modified_gmt":"2021-01-13T08:04:27","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; OTGLY"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 13, 2021<\/span> \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0CD Projekt S.A.\u00a0(&#8220;CD Projekt&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0OTGLY).\u00a0\u00a0 Such investors are advised to contact <span class=\"xn-person\">Robert S. Willoughby<\/span> at <a target=\"_blank\" href=\"mailto:newaction@pomlaw.com\" rel=\"nofollow noopener noreferrer\">newaction@pomlaw.com<\/a> or 888-476-6529, ext. 7980.<\/p>\n<p>The investigation concerns whether CD Projekt and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3035826-1&amp;h=3798313063&amp;u=https%3A%2F%2Fpomlaw.com%2Flearn-more-form%3Fcompany%3Dotgly&amp;a=%5BClick+here+for+information+about+joining+the+class+action%5D\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <b>[Click here for information about joining the class action]<\/b><br \/>\n        <\/a>\n      <\/p>\n<p>OnJanuary 16, 2020, CD Projekt announced a five-month delay in the launch of its videogame Cyberpunk 2077 from <span class=\"xn-chron\">April 2020<\/span> to <span class=\"xn-chron\">September 2020<\/span>, while noting that the &#8220;game is complete and playable.&#8221;\u00a0 <\/p>\n<p>On <span class=\"xn-chron\">December 10, 2020<\/span>, Cyberpunk 2077 was finally released and immediately became the subject of reports by players that the game was defective because of numerous bugs and issues, such as, among other things, soda cans floating in the air, passers-by walking through characters like ghosts, and inexplicable vehicle crashes.\u00a0 <\/p>\n<p>Then, on <span class=\"xn-chron\">December 18<\/span>, 2020,\u00a0<i>Bloomberg<\/i>\u00a0and other news sources reported that Sony had announced it was pulling Cyberpunk 2077 from its PlayStation Store and offering full refunds to players following a wave of complaints about the long-awaited title. \u00a0In a Twitter post the same day, the Company advised that &#8220;following [its] discussion with PlayStation, a decision was made to temporarily suspend digital distribution&#8221; of the game. \u00a0<i>Market Insider<\/i>\u00a0also quoted the Company&#8217;s co-Chief Executive Officer, <span class=\"xn-person\">Adam Kicinski<\/span>, as stating during an analyst call that, &#8220;[a]fter three delays, we were too focused on releasing the game,&#8221; and &#8220;[w]e ignored signals about the need for additional time to refine the game on the base last-gen consoles.&#8221;\u00a0 Following this news, CD Projekt&#8217;s American Depository Receipt price fell <span class=\"xn-money\">$3.49<\/span> per share, or 15.87%, to close at <span class=\"xn-money\">$18.50<\/span> per share on <span class=\"xn-chron\">December 18, 2020<\/span>.<\/p>\n<p>The Pomerantz Firm, with offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Los Angeles<\/span>, and <span class=\"xn-location\">Paris<\/span> is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late <span class=\"xn-person\">Abraham L. Pomerantz<\/span>, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3035826-1&amp;h=4176409010&amp;u=http%3A%2F%2Fwww.pomerantzlaw.com%2F&amp;a=www.pomerantzlaw.com\" rel=\"nofollow noopener noreferrer\">www.pomerantzlaw.com<\/a>.<\/p>\n<p>\n        <b>CONTACT: <\/b><br \/>\n        <span class=\"xn-person\">Robert S. Willoughby<\/span>, Pomerantz LLP<br \/><a target=\"_blank\" href=\"mailto:rswilloughby@pomlaw.com\" rel=\"nofollow noopener noreferrer\">rswilloughby@pomlaw.com<\/a>, <br \/>888-476-6529 ext. 7980<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47210&amp;sd=2021-01-13\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-sa---otgly-301207176.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-sa&#8212;otgly-301207176.html<\/a><\/p>\n<p>SOURCE  Pomerantz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC47210&amp;Transmission_Id=202101130301PR_NEWS_USPR_____DC47210&amp;DateId=20210113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 13, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0CD Projekt S.A.\u00a0(&#8220;CD Projekt&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0OTGLY).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether CD Projekt and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] OnJanuary 16, 2020, CD Projekt announced a five-month delay in the launch of its videogame Cyberpunk 2077 from April 2020 to September 2020, while noting that the &#8220;game is complete and playable.&#8221;\u00a0 On December 10, 2020, Cyberpunk 2077 was finally released and immediately became the subject of reports &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; OTGLY&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-413732","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. - OTGLY - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. - OTGLY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 13, 2021 \/PRNewswire\/ &#8212; Pomerantz LLP is investigating claims on behalf of investors of\u00a0CD Projekt S.A.\u00a0(&#8220;CD Projekt&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0OTGLY).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether CD Projekt and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] OnJanuary 16, 2020, CD Projekt announced a five-month delay in the launch of its videogame Cyberpunk 2077 from April 2020 to September 2020, while noting that the &#8220;game is complete and playable.&#8221;\u00a0 On December 10, 2020, Cyberpunk 2077 was finally released and immediately became the subject of reports &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; OTGLY&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T08:04:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47210&amp;sd=2021-01-13\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of\u00a0CD Projekt S.A.\u00a0(&#8220;CD Projekt&#8221; or the &#8220;Company&#8221;)\u00a0(OTCMKTS:\u00a0OTGLY).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether CD Projekt and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] OnJanuary 16, 2020, CD Projekt announced a five-month delay in the launch of its videogame Cyberpunk 2077 from April 2020 to September 2020, while noting that the &#8220;game is complete and playable.&#8221;\u00a0 On December 10, 2020, Cyberpunk 2077 was finally released and immediately became the subject of reports &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; OTGLY\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-13T08:04:27+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC47210&amp;sd=2021-01-13","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cd-projekt-s-a-otgly-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CD Projekt S.A. &#8211; 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