Virtual Legality

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(0:00) Introduction and Thank You (30,000)

(1:51) Dragonlance Case Dismissed

(5:54) Gearbox Settles with Duke Nukem Composer

(13:49) Felony Streaming Passed by Congress

(22:25) Epic Sends Free Fortnite Swag to Influencers

(25:25) Conclusion

The release of CD Projekt Red's Cyberpunk 2077 has been perhaps the most dramatic of the year; delays, crunch, intellectual property takedowns, ill-advised management commentary, dramatic store removals, bugs, deception, and crashes both of the hardware and stock price variety. It has been a crazy month for the formerly well-liked game company.

But it's with respect to that final category of drama (stock prices) that CD Projekt (and developer CDPR) may need to be the most concerned, as company investors (and the class action attorneys that would seek to represent them) line up to determine whether they can bring a case that the company perpetuated a fraud on the market, either through active deception...or carefully considered omission.

What are securities? What are securities laws? How do such laws (and regulatory bodies) seek to protect investors? And why should CD Projekt perhaps be a bit concerned?

Let's dive in.

CD Projekt and Cyberpunk are only one dramatic lawsuit away from completing their bingo card...in Virtual Legality.

CHECK OUT THE VIDEO AND SOURCE LINKS AT: https://youtu.be/m-0RdPRpxqs

#Cyberpunk2077 #CDPR #Lawsuits

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***

Twitter: @hoeglaw

Web: hoeglaw.com

Blog: hoeglaw.wordpress.com

STORE: https://teespring.com/stores/hoeg-law-store

Tom and Rick Hoeg debate their favorites from the world of gaming in 2020!

Which list is terrible? Which list is great? And why is the answer to both the same?

Come join us for a celebration of the gaming scene as we end the year off right. THABTO style!

#THABTO #Games #GOTY

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Rick has practiced for more than a decade at some of the country's largest law firms, representing IT, software, video game, and other technology companies, as well as the individuals and institutions which fund them.

Tom has worked in the video game industry for years, including on some of the world's biggest games like Ratchet and Clank, Destiny, and Call of Duty. He is currently working on the latest and greatest additions to the Call of Duty franchise.

ALL VIEWS ESPOUSED BY TOM ARE HIS AND HIS ALONE AND DO NOT REPRESENT THE VIEWS OR POSITIONS OF ACTIVISION, HIGH MOON STUDIOS, OR ANYONE ELSE.

ANY LEGAL DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

Any and all feedback is appreciated. Let us know what you think!

***

FOR MORE CHECK US OUT:

On Twitter @hoeglaw

At our website: https://hoeglaw.com/

On our Blog, "Rules of the Game", at https://hoeglaw.wordpress.com/

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With Sony's dramatic decision to pull Cyberpunk 2077 from its digital store shelves, all eyes turned towards Microsoft and Xbox.

And what did the gaming giant decide to do? As it turns out, it mostly held firm - defending developer (and marketing partner) CD Projekt Red (CDPR) from the slings and arrows of gamers' discontent, but also hedging its bets by offering refunds to any and all players who want one.

With so much at stake for CDPR, Microsoft, Sony, investors, retailers, and gamers, what can we now take from the present state of play? (And why won't CDPR stop issuing statements full of subtle digs and half-truths?)

Let's dive in.

Xbox is pot-committed to powering those dreams...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/PZKHj1rw1T8

#Cyberpunk2077 #CDPR #Xbox

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Discussed in this episode:

"CD Projekt, CDPR, and Cyberpunk 2077: We Have a Reputation to Burn"

YouTube Playlist - Hoeg Law

https://www.youtube.com/playlist?list=PL1zDCgJzZUy8QxfJHOJGH8UsiYOqjwhq3

"Cyberpunk 2077 Refunds"

https://www.playstation.com/en-us/cyberpunk-2077-refunds/

"Sony Removes Cyberpunk 2077 from PlayStation (PSN) INDEFINITELY (VL374)"

YouTube Video - December 17, 2020 - Hoeg Law

https://youtu.be/-L_IxPrtkuY

"Important Update for [PlayStation] Users"

Tweet - December 18, 2020 - Cyberpunk 2077

https://twitter.com/CyberpunkGame/status/1339846154176126976

"Updated: Cyberpunk 2077's Removal From The PS Store Was A CD Projekt Red Decision"

The Gamer - December 18, 2020

https://www.thegamer.com/cyberpunk-2077s-removal-from-the-ps-store-was-a-cd-projekt-red-decision/

"Reading Corporate Messaging with Hoeg!"

Tweet - December 18, 2020 - Richard Hoeg

https://twitter.com/HoegLaw/status/1339973645939183624

CD Projekt Board Statement

Subject: Temporary suspension of the availability of Cyberpunk 2077 on PlayStation Store

https://www.bankier.pl/wiadomosc/CD-PROJEKT-SA-Czasowe-wstrzymanie-dostepnosci-gry-Cyberpunk-2077-w-PlayStation-Store-8023177.html

"Cyberpunk 2077: To ensure that every player can get the experience they expect on Xbox..."

Twitter Thread - December 18, 2020 - Xbox Support

https://twitter.com/XboxSupport/status/1339983446865801224

"now individual retailers for physical Cyberpunk discs are expanding refund policies..."

Tweet - December 18, 2020 - Paul Tassi

https://twitter.com/PaulTassi/status/1340005713792430083

"GameStop Memo Directs Customers Seeking 'Cyberpunk 2077' Refund to CD Projekt"

Vice - December 16, 2020

https://www.vice.com/en/article/7k945q/gamestop-memo-directs-customers-seeking-cyberpunk-2077-refund-to-cd-projekt

***

"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***

Twitter: @hoeglaw

Web: hoeglaw.com

Blog: hoeglaw.wordpress.com

STORE: https://teespring.com/stores/hoeg-law-store

When Cyberpunk 2077 developer CD Projekt Red (CDPR) and its parent company CD Projekt went out with an "offer" to dissatisfied Cyberpunk customers - telling them they could get refunds from Microsoft and Sony, one could be forgiven for assuming that the multi-billion dollar international game giant had at least notified its business partners.

But as we found out later, that was not the case.

Now, PlayStation platform manufacturer Sony gives us our most dramatic turn in the story yet, responding to the repeated refund requests (and CD Projekt's belated notification), by removing the game from its storefront entirely. One week before Christmas.

Will they be the only ones? How did CD Projekt truly dig its own grave here? And what does it mean for the financial prospects of the company?

There is so very, very much to discuss here. So let's dive in.

Sony Says: Play most definitely has *some* limits...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/-L_IxPrtkuY

#Cyberpunk2077 #CDPR #Sony

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Discussed in this episode:

"Cyberpunk 2077 Refunds"

https://www.playstation.com/en-us/cyberpunk-2077-refunds/

"Dear Gamers..."

Tweet - December 14, 2020 - Cyberpunk 2077 (@CyberpunkGame)

https://twitter.com/CyberpunkGame/status/1338390123373801472

CDPR Cyberpunk Launch Teleconference Transcript

December 14/15, 2020

https://www.cdprojekt.com/en/wp-content/uploads-en/2020/12/call-transcript_en.pdf

"How to request a refund on a PlayStation Store purchase"

https://www.playstation.com/en-us/support/store/ps-store-refund-request/

"CDPR's Cyberpunk Damage Control Call: Corpos Searching for Answers (VL371)"

YouTube Video - December 15, 2020 - Hoeg Law

https://youtu.be/n7uzzQ7SV-0

"Earlier today..."

Tweet - December 16, 2020 - GOG

https://twitter.com/GOGcom/status/1339227388438306817

CD Projekt Board Statement

Subject: Temporary suspension of the availability of Cyberpunk 2077 on PlayStation Store

https://www.bankier.pl/wiadomosc/CD-PROJEKT-SA-Czasowe-wstrzymanie-dostepnosci-gry-Cyberpunk-2077-w-PlayStation-Store-8023177.html

***

"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***

Twitter: @hoeglaw

Web: hoeglaw.com

Blog: hoeglaw.wordpress.com

STORE: https://teespring.com/stores/hoeg-law-store

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