Battlefield 4 release8/22/2023 "The price of Electronic Arts’ stock steadily climbed on these statements," reads the law firm's statement, "reaching a Class Period high of $28.13 per share by Augand allowing certain of Electronic Arts’ senior executives to sell their Electronic Arts stock at artificially inflated prices." Before the release of the game, Electronic Arts issued strong fiscal guidance to investors, based on the "purported" strength of the latest Battlefield title. The suit alleges that EA violated the Securities Exchange Act of 1934 by allegedly providing "materially false and misleading statements" about military shooter, Battlefield 4. On Tuesday, law firm Robbins, Geller, Rudman and Dowd filed a class action lawsuit against the publisher on behalf of investors who bought stock in the company between 24 July and 3 December. Electronic Arts is preparing for court once again.
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