{"id":419832,"date":"2021-01-23T10:14:26","date_gmt":"2021-01-23T15:14:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419832"},"modified":"2021-01-23T10:14:26","modified_gmt":"2021-01-23T15:14:26","slug":"cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/","title":{"rendered":"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">\n        <strong>If you suffered losses exceeding $50,000 investing in CD Projekt stock or options between January 16, 2020 and December 17, 2020 <\/strong>and would like to discuss your legal rights, click here<strong>:<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gXbql7P22TEBjQk-a7oMbq6CHS2v-dQb84h86ruW4JghGPFHKd9kAQ46cXdlY7w-5EM-Fyn1xZhHIahxl93oBlVQKHj4ODbZbIDG-E2BwdE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.faruqilaw.com\/OTGLF<\/a> or call Faruqi &amp; Faruqi partner <strong>James Wilson directly <\/strong>at <strong>877-247-4292 <\/strong>or <strong>212-983-9330 (Ext. 1310)<\/strong>.<\/p>\n<p>\n        <strong>There is no cost or obligation to you.<\/strong>\n      <\/p>\n<p>FARUQI &amp; FARUQI, LLP<br \/>685 Third Avenue, 26th Floor <br \/>New York, NY 10017<br \/>877.247.4292<br \/>212.983.9330<br \/>jwilson@faruqilaw.com<\/p>\n<p>NEW YORK, Jan.  23, 2021  (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against CD Projekt S.A. (\u201cCD Projekt\u201d or the \u201cCompany\u201d) (OTCMKTS:OTGLF, OTCMKTS:OTGLY) and reminds investors of the February 22, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.<\/p>\n<p>As detailed below, the lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and\/or misleading statements and\/or failing to disclose that: (1) Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or PlayStation systems due to an enormous number of bugs; (2) as a result, Sony would remove Cyberpunk 2077 from the PlayStation store, and Sony, Microsoft and the Company would be forced to offer full refunds for the game; (3) consequently, the Company would suffer reputational and pecuniary harm; and (4) as a result, Defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>Specifically, on December 14, 2020, facing criticisms for delivering an unplayable, bug-ridden product on the Consoles, the Company held a conference call. During the call, Defendant Kicinski called the Current-Generation Console versions \u201cway below our expectations.\u201d<\/p>\n<p>During that same call, Defendant Nielubowicz stated \u201cwe definitely did not spend enough time looking at that,\u201d when referring to issues with the Current Generation Console versions.<\/p>\n<p>Following the release, the Company\u2019s ADRs fell from its close of $27.68 on December 9, 2020 to close at $20.75 on December 14, 2020, a drop of $6.93 or 25% over 3 trading days, damaging investors. Over that same period, CD Projekt\u2019s common share (OTGLF) price fell $21.65 per share, or 20.1%, to close at $86.00 on December 14, 2020, damaging investors.<\/p>\n<p>Then, on December 18, 2020, Sony issued a statement via the PlayStation website that it would \u201coffer a full refund for all gamers who have purchased Cyberpunk 2077 via PlayStation Store\u201d and \u201cbe removing Cyberpunk 2077 from PlayStation Store until further notice.\u201d Microsoft also announced that it would offer refunds for the game.<\/p>\n<p>That same day, the Company stated that Sony\u2019s decision to \u201ctemporarily suspend\u201d sales of the game came after a discussion with the Company.<\/p>\n<p>On this news, CD Projekt\u2019s ADR (OTGLY) price fell $3.44 per share, or 15.8%, to close at $18.50 per ADR on December 18, 2020, damaging investors. CD Projekt\u2019s common share (OTGLF) price fell $9.20 per share, or 10.45%, to close at $78.80 on December 18, 2020, damaging investors.<\/p>\n<p>The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.\u00a0\u00a0<\/p>\n<p>Faruqi &amp; Faruqi, LLP also encourages anyone with information regarding CD Projekt\u2019s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.<\/p>\n<p>Attorney Advertising. The law firm responsible for this advertisement is Faruqi &amp; Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNyMzOTQxMzYzIzIwMTc2MzY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c0a3e96e-163d-43e7-b68b-140971e2f3dd\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you suffered losses exceeding $50,000 investing in CD Projekt stock or options between January 16, 2020 and December 17, 2020 and would like to discuss your legal rights, click here:www.faruqilaw.com\/OTGLF or call Faruqi &amp; Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against CD Projekt S.A. (\u201cCD Projekt\u201d or the \u201cCompany\u201d) (OTCMKTS:OTGLF, OTCMKTS:OTGLY) and reminds investors of the February 22, 2021 deadline to seek the role of lead plaintiff in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options&#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-419832","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>CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options - 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\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"If you suffered losses exceeding $50,000 investing in CD Projekt stock or options between January 16, 2020 and December 17, 2020 and would like to discuss your legal rights, click here:www.faruqilaw.com\/OTGLF or call Faruqi &amp; Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against CD Projekt S.A. (\u201cCD Projekt\u201d or the \u201cCompany\u201d) (OTCMKTS:OTGLF, OTCMKTS:OTGLY) and reminds investors of the February 22, 2021 deadline to seek the role of lead plaintiff in &hellip; Continue reading &quot;CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-23T15:14:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNyMzOTQxMzYzIzIwMTc2MzY=\" \/>\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=\"3 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\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options\",\"datePublished\":\"2021-01-23T15:14:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/\"},\"wordCount\":662,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE0MDMzNyMzOTQxMzYzIzIwMTc2MzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\\\/\",\"name\":\"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/","og_locale":"en_US","og_type":"article","og_title":"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options - Market Newsdesk","og_description":"If you suffered losses exceeding $50,000 investing in CD Projekt stock or options between January 16, 2020 and December 17, 2020 and would like to discuss your legal rights, click here:www.faruqilaw.com\/OTGLF or call Faruqi &amp; Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). There is no cost or obligation to you. FARUQI &amp; FARUQI, LLP685 Third Avenue, 26th Floor New York, NY 10017877.247.4292212.983.9330jwilson@faruqilaw.com NEW YORK, Jan. 23, 2021 (GLOBE NEWSWIRE) &#8212; Faruqi &amp; Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against CD Projekt S.A. (\u201cCD Projekt\u201d or the \u201cCompany\u201d) (OTCMKTS:OTGLF, OTCMKTS:OTGLY) and reminds investors of the February 22, 2021 deadline to seek the role of lead plaintiff in &hellip; Continue reading \"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-23T15:14:26+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNyMzOTQxMzYzIzIwMTc2MzY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options","datePublished":"2021-01-23T15:14:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/"},"wordCount":662,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MDMzNyMzOTQxMzYzIzIwMTc2MzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cd-projekt-deadline-alert-securities-litigation-partner-james-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-cd-projekt-to-contact-him-directly-to-discuss-their-options-3\/","name":"CD PROJEKT DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CD Projekt To Contact Him Directly To Discuss Their Options - 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