Activision shareholders vote in favor of report on abuse, harassment

Published 06/21/2022, 03:44 PM
Updated 06/21/2022, 03:46 PM
© Reuters. FILE PHOTO: A view shows Blizzard Entertainment's campus, after Microsoft Corp announced the purchase of Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history, in Irvine, California, U.S., January 18, 2022.   REUTERS/Mike Bl
MSFT
-
ATVI
-

(Reuters) - Activision Blizzard Inc (NASDAQ:ATVI) shareholders voted in favor of a proposal on Tuesday for a report on the video game company's efforts to prevent employee abuse, harassment and discrimination.

Activision, which is being acquired by Microsoft Corp (NASDAQ:MSFT) for $68.7 billion, has been under fire for alleged misconduct at the company.

The company's shareholders had proposed that the report should have details on the number of disputes and the money spent to settle related claims for the last three years. (https://

© Reuters. FILE PHOTO: A view shows Blizzard Entertainment's campus, after Microsoft Corp announced the purchase of Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history, in Irvine, California, U.S., January 18, 2022.   REUTERS/Mike Blake/File Photo

Proxy advisory firm Institutional Shareholder Services had recommended voting for the proposal. About two-thirds of the votes were in favor of the proposal, according to the company.

Activision's board and external advisers last week said there was no evidence to suggest that senior executives intentionally ignored or attempted to downplay reported instances of gender harassment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.