CD Projekt Red Pays $1.85m to Settle Lawsuit with Investors

CD Projekt Red, the developer behind the much-anticipated game Cyberpunk 2077, has reached a settlement with investors in a class-action lawsuit filed in 2020.

The lawsuit alleged that CD Projekt Red had misled investors and customers about the state and quality of the game, which resulted in a loss of money and profit for those involved. The settlement, which will cost the company $1.85 million, does not require CD Projekt Red to admit to any of the allegations made in the lawsuit.

At the time of its launch, Cyberpunk 2077 was plagued with bugs and technical issues that made it almost unplayable on certain consoles, leading Sony to remove it from its storefront until June 2021.

This caused significant damage to the company’s reputation and goodwill with players. Since then, however, the game has received numerous updates and patches, including the well-received 1.5 update and the next-gen update, which fixed many bugs and added free DLC content.

The game has also seen a resurgence in popularity thanks to the Netflix anime series Cyberpunk: Edgerunners, which inspired the Edgerunner DLC that was released alongside the series.

Despite its rocky start, Cyberpunk 2077 has gone on to sell over 20 million copies and is now in a much better state. It’s also been confirmed that a sequel to the game, codenamed Orion, is currently in development.

In addition to this lawsuit, CD Projekt Red has faced other legal issues following the launch of Cyberpunk 2077.

The company previously settled a similar lawsuit for the same $1.85 million figure. It’s unclear how these legal troubles will impact the company’s future projects, but fans of the game can look forward to the upcoming Phantom Liberty DLC expansion set to release later this year.