Activision Blizzard CEO faces perhaps his toughest day yet as the Wall Street Journal hit hard. What did Bobby Kotick know and when? Is the governance of the company even functional? And what to the days ahead look like for the belagured corporate leader.
Waystar Royco is not a role model…in Virtual Legality.
#WSJ #Activision #BobbyKnew
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CHAPTERS
00:00 Introduction
01:38 WSJ - Bobby Knew
09:54 Corporate Dysfunction?
22:28 Jen Oneal Speaks Out (Internally)
27:42 A Preview of Corporate Defenses
31:23 More Data Points - Painting a Picture
38:26 Bobby’s Bad Acts
44:12 Co-opting Frances Townsend
46:10 Conclusion
Discussed in this episode:
"Everybody vs Activision Blizzard: A Legal View"
YouTube Playlist - Hoeg Law
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9PBxr5dNcoQLh2erIt2XrZ
"Activision CEO Bobby Kotick Knew for Years About Sexual-Misconduct Allegations at Videogame Giant"
Wall Street Journal - November 16, 2021
https://www.wsj.com/articles/activision-videogames-bobby-kotick-sexual-misconduct-allegations-11637075680
Activision Investor Information
https://www.activisionblizzard.com/content/atvi/activisionblizzard/ab-touchui/ab/web/en/board-of-directors.html
https://investor.activision.com/by-laws-
"Directors’ Fiduciary Duties: Back to Delaware Law Basics"
Skadden Website - February 19, 2020
https://www.skadden.com/insights/publications/2020/02/directors-fiduciary-duties
"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo
DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
Twitter: @hoeglaw
Web: hoeglaw.com
DESIGN WORK
Joe Ellis (Logo Design)
Chris Leroux (Motion Graphics)
For more information: contact Chris at @Chrisleroux on Twitter.
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