LOS ANGELES, CA - MAY 18: Activision CEO Eric Hershberg speaks onstage during Activision And Bungie Celebrate The Gameplay World Premiere Of 'Destiny 2' at Jet Center Los Angeles on May 18, 2017 in Los Angeles, California. (Photo by Randy Shropshire/Getty Images for Activision)

Activision Blizzard is facing two new class action lawsuits following the departure of Destiny developer Bungie from the company. The lawsuits indicate that Actiblizz misled investors on the potential for the split, and shareholders are being encouraged to join the lawsuit following stock drops. A lead plaintiff is still being sought out to spearhead the lawsuit.

Source: Screen Rant

Photo by Randy Shropshire/Getty Images for Activision