A San Diego, California-based law firm is pursuing a class-action lawsuit against Electronic Arts over allegedly misleading statements made to investors about Battlefield 4.
Robbins Geller Rudman & Dowd LLP's suit is meant to encompass all purchasers of EA common stock from July 24, 2013 through December 4. The law firm claims that in this time EA made several misleading statements about the strength of Battlefield 4's development.
EA strengthened its October 29 earnings forecast based partially on sales expectations for Battlefield 4, the firm states. The company's stock climbed on these expectations, but began to drop after news spread of a multitude of issues plaguing the game's multiplayer modes.
An EA representative told GameSpot that "we believe these claims are meritless. We intend to aggressively defend ourselves, and we're confident the court will dismiss the complaint in due course."
Atlanta, Georgia-based law firm Holzer Holzer & Fistel LLC is pursuing a similar case alleging misleading statements made to investors.
EA announced on December 4 that developer Dice had put all "future projects" on hold - including expansion pack development - until it fixes Battlefield 4.
The news came as the troubled shooter continued to suffer with various critical issues present since launch, including server instability and lag during gameplay, corrupt save data, XP loss and complete system crashes on an alarmingly regular basis.
Dice has distributed multiple updates to stabilize servers and improve player experience since the game's release, including a patch issued on Dec. 18 for PS3, PS4, and Xbox 360, and earlier title updates for PC and Xbox One.
"We know we still have a ways to go with fixing the game - it is absolutely our #1 priority. The team at DICE is working non-stop to update the game," an EA spokesperson told CVG this month.
"We know many of our players are frustrated, and we feel your pain. We will not stop until this is right."