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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-18T18:16:00
Activision Blizzard agreed to pay nearly $55 million as part of a settlement with the California Civil Rights Department addressing highly publicized accusations of workplace discrimination against women at the video game company.
The settlement, announced Friday, remains subject to court approval. Of the total, nearly $46 million will be dedicated to compensating women who were employees or contract workers at the company in California between October 2015 and December 2020.
The California Civil Rights Department filed a lawsuit against Activision Blizzard in 2021, following a two-year investigation into damning allegations of sexual harassment and discrimination at the company.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-02-03T19:35:00Z By Aaron Nicodemus
Activision Blizzard will pay $35 million to resolve Securities and Exchange Commission charges it violated federal securities laws by failing to adequately disclose how its ineffective response to workplace complaints was harming its ability to hire and retain skilled employees.
2022-03-31T16:50:00Z By Jaclyn Jaeger
A federal judge gave final approval to a settlement reached last year between Activision Blizzard and the Equal Employment Opportunity Commission regarding the video game company’s systemic culture of sexual harassment, pregnancy discrimination, and retaliation.
2022-02-08T12:00:00Z By Jaclyn Jaeger
Rarely do cultural considerations play a role in M&A transactions, though they are often critical to the ultimate success of a deal. Microsoft’s planned acquisition of embattled video game developer Activision Blizzard offers a timely case study.
2024-11-19T17:28:00Z By Neil Hodge
Companies spend huge sums on audit, risk management, and compliance to alert them about potential legal issues before they escalate into serious corporate governance failings. There’s only one problem, however–they often misread their own early warning signs or ignore them altogether.
2024-09-17T16:16:00Z By Neil Hodge
Company training has always been equal parts important and annoying. But a recent inquest found some eLearning courses fail to warn companies when employees struggle through education and testing. For 13-year-old Hannah Jacobs, the consequences ended with her death.
2024-09-12T16:10:00Z By Aaron Nicodemus
Norfolk Southern Corp., the railroad still cleaning up the environmental and financial damages caused when one of its trains derailed in a small Ohio town, has fired its top executive and chief legal officer after concluding they had an affair that violated company policies.
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