28.01.2022

CD Projekt has entered into a settlement agreement with investors who were not satisfied with the quality of Cyberpunk 2077 on release

The conflict between CD Projekt and investors over the problematic release of Cyberpunk 2077 is almost over. The Polish company signed a final settlement agreement, but did not admit its guilt.

Now the parties have to wait until the court in California approves the agreement.

Negotiations on the settlement of the class action took place last December. Even then, CD Projekt and investors agreed that they would resolve the conflict in a pre-trial order, but signing all the papers required time.

Recall that under the terms of the agreement, CD Projekt and the insurance company Colonnade Insurance S.A. will pay compensation to investors in the amount of $ 1.85 million. In turn, the plaintiffs will completely abandon their claims against the company and its board members.

Now, as in December, the developers of Cyberpunk 2077 stressed that despite the conclusion of the agreement, they refuse to admit any violations. Earlier, the company explained that it was forced to settle after it estimated the time and amount of expenses due to the continuation of proceedings in the United States. It turned out to be cheaper to settle the claim.

Disagreements with investors began immediately after the release of Cyberpunk 2077 in December 2020. The developers were accused of releasing a low-quality and overloaded game, as well as intentionally misleading shareholders. As a result, at least five lawsuits were filed against CD Projekt, four of which were then merged into one.

Note that the gaming community has changed its opinion about the title over time. For example, at the moment Cyberpunk 2077 has 77% positive reviews on Steam, although before the rating of the game was “mixed” or “negative”. On Metacritic, the PC version is the same — users rated the game by 7.1 points out of 10. However, the PS4 version still has a low rating — 3.7 points.

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