Activision Blizzard's Independent Board Gives Its Officers Clean Chit Against Denial Of Harassment Claims

Activision Blizzard, Inc's (NASDAQ:ATVI) Workplace Responsibility Committee of independent directors dismissed allegations of rebuttal of gender harassment claims by senior officials as alleged by different media reports.
The gaming giant acknowledged some substantiated instances of gender harassment.
However, it denied awareness and tolerance of harassment by the officials.
Also Read: Activision Blizzard Registers 22% Revenue Decline In Q1, Ditches Outlook Due To Microsoft Deal
The gaming firm, an acquisition target of Microsoft Corp (NASDAQ:MSFT) combated a lawsuit for allegedly fostering a sexist culture.
Activision also battled allegations of internal sexual harassment, fueling protests against CEO Bobby Kotick and calling for his resignation.
Recently, Activision also acknowledged unionization efforts within the organization.
The Microsoft-Activision merger is presently undergoing FTC scrutiny, Bloomberg reports.
Price Action: ATVI shares traded lower by 1.49% at $74.23 on the last check Thursday.