Key Takeaways From Activision Blizzard's EEOC Agreement On Workplace Harassment - Activision Blizzard, Inc. Com (NASDAQ:ATVI)

Activision Blizzard Inc ATVI reached an agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to settle claims and strengthen further policies and programs to prevent harassment and discrimination in the company's workplace.
Activision Blizzard has committed to creating an $18 million fund to compensate and make amends to eligible claimants.
Any unutilized amount will be divided between charities that advance women in the video game industry or promote awareness around harassment and gender equality issues as approved by the EEOC.
Activision Blizzard also announced an initiative to develop software tools and training programs to improve workplace policies and practices for employers across the technology industry.
Price Action: ATVI shares traded lower by 0.73% at $74.53 in the premarket session on the last check Tuesday.