Activision Blizzard Investors Get Securities Suit Lead Plaintiff

Activision Blizzard Inc. investors who say the company hid a state investigation of the harassment and discrimination pervading its workplace culture secured a lead plaintiff for their suit in federal court in California.

Individual investor Jeff Ross will guide the securities litigation against the video game publisher for the would-be class, the U.S. District Court for the Central District of California said. Ross was the only person to seek appointment as lead plaintiff, and no one opposed his motion.

He alleged nearly $12,000 in losses and said he wasn’t aware of any member of the potential class who lost ...