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Class Action Lawsuit Filed Against EA

Posted by Zonk on from the insult-to-injury dept.

yakitori writes "Today, the law firm of Schatz & Nobel, P.C. filed a class action lawsuit against Electronic Arts on behalf of shareholders. The complaint basically alleges that EA issued false financial projections to shareholders. Shares have dropped from $66 on March 21 to $53 on March 29." Gamasutra has commentary on the suit as well.

6 of 22 comments (clear)

  1. Their stock is going to plummet... by boingyzain · · Score: 1, Funny

    SELL SHORT! SELL SHORT!

    1. Re:Their stock is going to plummet... by Anonymous Coward · · Score: 1, Funny

      Yeah... great idea.

      Let's sue the bastards. That should boost the stock price.

  2. See you in Court EA! by jericho4.0 · · Score: 3, Funny
    Those bastards said they were getting at least 30 hourse of unpaid work per drone. They've been playing bleeding heart pinko with my money.

    --
    "A language that doesn't affect the way you think about programming, is not worth knowing" - Alan Perlis
  3. Turning a Profit by guaigean · · Score: 2, Funny

    You'd think with the amount of free labor they've gotten that they could easily increase profits for their shareholders.

    --
    Microsoft Sucks, F/OSS Rocks. I get mod points now right?
  4. Heh by Anonymous Coward · · Score: 1, Funny

    They said Shatz.

  5. Greed by Anonymous Coward · · Score: 2, Funny

    ERTS share price on October 22nd, 2004: 44.28
    ERTS share price on March 22nd, 2005: 55.15

    I hate ERTS as much as the next guy, but these greedy class action lawsuit people really need to invest more of their money in STFU and GTFO.