Bobby Kotick has been subpoenaed.
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The United States Securities and Exchange Commission (SEC) has launched an investigation into Activision Blizzard. The government agency will be looking into how Activision Blizzard has handled, or mishandled, the numerous cases of sexual harassment, toxic workplace environments, abuse, and discrimination.

This comes after the state of California sued Activision Blizzard in July over the aforementioned allegations, and then later expanded their lawsuit.

The SEC has now subpoenaed Activision and multiple high-ranking executives of the company, including CEO Bobby Kotick. A report from the Wall Street Journal says that the SEC has begun to investigate Activision Blizzard and is requesting that they hand over a number of documents. These documents include the files from six previous employees, as well as the records of Kotick's communications with other executives related to the complaints of sexual harassment and discrimination within the company.

The focus of the SEC is to determine if Activision Blizzard did enough when it comes to communicating to the public, namely shareholders, the (then) impending lawsuit and allegations made against the company. They are looking to see if the studio adequately disclosed these allegations and did so fast enough. Activision's Helaine Klasky confirmed that the SEC was investigating Activision Blizzard.

The SEC's investigation is focused on "the company's disclosures regarding employment matters and related issues. The company is cooperating with the SEC."
With this recent investigation by the SEC, the still ongoing lawsuit by the state of California, and multiple lawsuits filed by investors, it's clear that Activision Blizzard's troubles are far from over.