Class Action Filed Against Electronic Arts Over Battlefield 4
On Tuesday the law office of Robbins Geller Rudman & Dowd LLP submitted a class action lawsuit against Electronic Arts in the United States District Court for the Northern District of California. The lawsuit is on behalf of Electronic Arts common shareholders who purchased the game publisher's stock between July 24, 2013 and December 4, 2013, aka the "Class Period."
According to the lawsuit, Electronic Arts allegedly issued "materially false" and "misleading" statements highlighting the purported strength of the company's rollout of Battlefield 4 this fall. Electronic Arts then issued strong fiscal 2014 financial guidance for the company, and increased that guidance on October 29. Thanks to these positive statements, stock steadily climbed to as much as $28.13 per share, allowing senior executives to sell their stock at artificially inflated prices.
Once November 15 came around, stock value began to decline due to reports of "multiple glitches and significant crashes" related to the PlayStation 4 version of Battlefield 4. Stock value fell again on December 4 when Electronic Arts told the gaming community that sales of Battlefield 4 would cease until the problems could be fixed. Ultimately, shares declined more than 28 percent in value since the reported high in October.
Statements made by Electronic Arts during the Class Period were "materially false and misleading" because they failed to disclose -- and misrepresented -- a number facts that were allegedly known to or recklessly disregarded by the company. For one, Battlefield 4 was riddled with bugs and multiple other problems, and as a result, Electronic Arts would not achieve a successful holiday season 2013 rollout of Battlefield 4.
Secondly, the unit responsible for Battlefield 4 was so "deficient" that all other projects were put on hold so that the entire unit could focus on fixing the problems. Because of this, there was no way Electronic Arts would be on track to achieve the financial results it had told the market it was on track to achieve during the Class Period.
The complaint charges Electronic Arts and a number of its officers and directors with violations of the Securities Exchange Act of 1934. The unnamed Plaintiff is seeking to recover damages on behalf of all purchasers of Electronic Arts common stock during the Class Period.
Oil companies serve stock holders, not drivers.
Governments serve stock holders, not citizens.
Go indie.
In watched with amusement all the crap (yeah , that's the only world that can describe it) made by EA/DICE since then like MoH, BF3, MoHW and BF4....
The most funny thing is that new game as the same type of issues than previous....only WORSE.
Oil companies serve stock holders, not drivers.
Governments serve stock holders, not citizens.
Go indie.
My buddy talked me into it, and it's been complete garbage. The lag and bugs make engagements basically random outcomes and now with the first DLC out, you can't play on servers with DLC maps in their rotation. So if a server has the 10 base maps and 1 DLC map, you can't play on that server without buying the DLC.
if you are experiencing that many issues and blue screens it looks like you are having hardware issues. Have you checked your drivers? memory timings and things alike? have you tried isolating your hardware? have you tried taking a look at windows logs? maybe you get some clue to discover the issue.
We're busy online enjoying the game lol.
At least for me I'm happy of the improvements they made as quickly as possible. On PC, I personally no longer experience any issues anymore compared to what launch had going on. On my consoles though that is certainly a different story as they essentially have to wait for Sony and Microsoft QA approvals before release.
I definitely don't support the launch, it was poorly done and obviously rushed as many titles seem to be under EA's watch as a publisher. From SWOTR, Sim City, and now BF4.... all were rushed and needed more time to be polished. I didn't appreciate the b.s. customer appreciation they did with x2 XP and a stupid weapon attachment either. Sim City only experienced issues for 1-2 weeks and customers were given a free game (with a decent selection to choose from)..not sure why this wasn't done with BF4.
Sadly every publisher seems to be just garbage in customer service... any that did were bought out or went out of business.
That's odd, because the last time I've encountered a BSOD was on Windows 7. Windows 8 and 8.1 have never crashed on any of my 3 computers, yet BF 4 has, and more than once.
I get other BSOD messages on this W8.1 laptop and also on my new Desktop also (listed in my PC comment in this comment box).
I have only 20 years experience using MS though.
You know what they say about experience: "It doesn't matter how much experience you have, if you never learn from it."
I just Googled your BSOD "SYSTEM_SERVICE_EXCEPTION" and the first few results are about people who had it on Windows 7.
On this thread and this one, the BSOD seems to have been caused by "very old drivers".
I assume the cause would be very similar, if not the same on Windows 8 or 8.1.
We're busy online enjoying the game lol.
The fact that a lawsuit has been filed and the reasons for that lawsuit lead me to question the veracity of your comment.
While I hate to even get involved in this argument... let's face it... there wasn't much of a change to CoD. Even then it was plagued with bugs during launch especially on PC and runs like complete crap.
Beta (unless you want to consider that public alpha lol) ran much better than launch did. Not sure why you say it ran like a nightmare because it actually was quite stable for such an early "beta" build. This is something frequently discussed on the Battlelog forums as well... many were surprised as to how they went backwards on things because they had minimal problems on beta itself.