SAN FRANCISCO — Electronic Arts is under fire from investors who contend the gaming company covered up technical glitches that undermined the launch of one of its popular video games.
Plaintiffs firms Glancy Binkow & Goldberg and Pomerantz sued Electronic Arts and several of its executives on Monday in U.S. District Court for the Northern District of California. Plaintiffs allege that EA executives drove up the company’s share price by publicly raving about the rollout of their Battlefield 4 video game, though it was riddled with bugs, and then sold their stock at the inflated prices.
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