Cyberpunk 2077 developer CD Projekt reaches an agreement with dissatisfied investors for $ 1.85 million

Cyberpunk 2077 developer CD Projekt Red has reportedly reached a deal with a number of disgruntled investors who complained after the game’s disastrous launch last year.

Earlier this year it was reported that the developer faced four lawsuits from investors following the tumultuous start of Cyberpunk 2077. As reported by The edge, CD Projekt Red has now moved to settle the lawsuits that have been merged into one larger lawsuit, and in the process will appear to be paying approximately $ 1.85 million to resolve the issue.

According to a document shared by The Verge, details of the negotiations have now been outlined – although these are likely to have yet to be reviewed by a court. “Class members (including plaintiffs) waive all claims against the company and its directors,” read a passage in the document. “In return, a severance payment of $ 1,850,000 is to be paid to the class by the company and its insurer.”

The lawsuits in question came earlier this year after shareholders believed they were misled by the developer about the game’s performance on Xbox One and PlayStation 4 for a period of time from the PlayStation Store – including 30,000 upon request Refunds will be issued to players.

Cyberpunk 2077 Night City Photo Mode Gallery

The first investor lawsuit alleged that CD Projekt “made false and / or misleading statements” and / or failed to disclose that “Cyberpunk 2077 is virtually non-existent due to a huge number of bugs on current-generation Xbox or PlayStation systems was playable. “

Although the studio had to pay out nearly $ 2 million to its investors, that number seems pale when compared to the studio’s 2020 revenue from game sales VGC reports than around $ 563 million. While the studio will likely hope to finally turn a new page in the game’s controversy, that’s not necessarily helped by Keanu Reeves’ recent comments suggesting that he never played cyberpunk, despite CD Projekt himself before confirmed that he loved playing the game.

For more info on Cyberpunk 2077, check out this article that describes how Reeves thinks it’s nice that people have tried to modify the game so they can have sex with him.

Jared Moore is a freelance writer for IGN. You can follow him Twitter.

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