Bobby Kotick was subpoenaed during the U.S. Securities and Exchange Commission investigation of Activision Blizzard’s workplace misconduct

The US Securities and Exchange Commission (SEC) is the latest government agency to initiate an investigation Activision Blizzard, As Wall Street Journal [paywall] report. The agency has subpoenaed the publisher and its chief executive, Bobby Kotick, to provide records of employment, separation agreements, and communications between senior management.

If you need to get started quickly, the SEC is a government agency primarily responsible for protecting investors and maintaining the status quo of the stock market. Given that we have seen shareholders eager to sue Activision for concealing sexual harassment investigations before it became mainstream, the participation of the US Securities and Exchange Commission is not surprising.

According to the Wall Street Journal, the SEC has requested documents dating back to 2019 to review communications between Activision Blizzard executives regarding sexual harassment and discrimination complaints.

These actions were taken to allow the SEC to learn more about the company’s handling of allegations of sexual misconduct and discrimination. Since Activision Blizzard was accused by the State of California of fostering a culture of discrimination, abuse, and sexual harassment, these accusations have continued. The ongoing litigation has caused some people in higher positions to leave the company.

Blizzard President J. Allen Brack has left the company, leaving Jen Oneal and Mike Ybarra to lead Blizzard. Activision Blizzard also confirmed that human resources director Jesse Meschuk (who had worked at the company for 12 years) also resigned in August.

An Activision Blizzard spokesperson said the company is cooperating with the US Securities and Exchange Commission.

thanks, edge.