The Securities and Exchange Commission has opened a “wide-ranging” investigation into Activision Blizzard, per The Wall Street Journal. The outlet studies the SEC not too long ago subpoenaed the corporate and a number of other executives, together with CEO Bobby Kotick. The company has requested the writer to share quite a lot of paperwork, together with correspondence Kotick wrote associated to complaints of sexual harassment tied to Activision staff and contractors.

Helaine Klasky, a spokesperson for Activision Blizzard, informed The Journal the SEC’s investigation includes disclosures the corporate made concerning “employment matters and related issues.” The company reportedly hopes to seek out out whether or not Activision correctly disclosed these issues, in addition to whether or not these disclosures ought to have been shared earlier.

An SEC investigation provides considerably extra regulatory stress on Activision Blizzard. In July, the California Department of Fair Employment and Housing (DFEH) , accusing its executives of fostering a “frat boy” office tradition. , solely 20 p.c of all staff at Activision’s Blizzard Entertainment unit are ladies, and so they’re persistently paid much less and neglected for promotions. One month later, DFEH to incorporate each staff and staff. It additionally accused the corporate of utilizing non-disclosure agreements to intervene with its capability to handle the office violations that had occurred on the studio.