EA being investigated by law firm over whether it “deliberately misled its investors” regarding Battlefield 4

By Stephany Nunneley
11 December 2013 22:23 GMT

A US aw firm is investigating whether Electronic Arts deliberately misled its investors regarding Battlefield 4 development and sales.

According to Holzer Holzer & Fistel, the firm is investigating whether EA complied with the federal securities laws when making public statements regarding Battlefield 4 between July 24 and December 4.

“Specifically, the investigation focuses on statements issued during that time regarding the development and sales of the Company’s Battlefield 4 video game and the game’s impact on EA’s revenue and projects moving forward,” stated the firm.

It is requesting that anyone who purchased EA common stock between the dates noted above and suffered losses on the investment, contact the firm.

Holzer Holzer & Fistel, LLC is an Atlanta-based law firm which “dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation.”

Battlefield 4’s launch has not been a rosy one, with issues being reported in on all formats. Last week, EA halted development of DLC for the title and put other works in development at DICE on hold until all issues prevalent in the game could be ironed out.

A PS4 patch was released earlier today for the shooter, which DICE said should fix “a large amount of client crashes”.

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