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Lieff Cabraser announces class action litigation against Electronic Arts, Inc

Thursday, 9 Jan 2014 09:00am EST 

Lieff Cabraser Heimann & Bernstein, LLP:Says that class action litigation has been brought on behalf all purchasers of the common stock of Electronic Arts, Inc. between July 24, 2013 and Dec. 4, 2013, inclusive.Says action charges Electronic Arts and certain of its officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.Says complaint alleges that defendants issued materially false and misleading statements concerning Electronic Arts' rollout of version 4 of its Battlefield video game series that had provided about 11 pct of the company's revenues in fiscal 2012. 

Company Quote

0.76 +2.18%
21 Oct 2014