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In 2023, Activision Blizzard was ordered to pay $35 million by the United States Securities and Exchange Commission (SEC) over its failures to maintain proper workplace disclosure controls and violations of whistleblower protections. The fine was imposed due to the company’s failure to ensure proper employee protections against workplace harassment and gender discrimination, which led to many women leaving the company. The SEC used a 2021 lawsuit by the state of California’s Civil Rights Department against Activision Blizzard to launch its own investigation meant to determine whether the firm’s handling of the situation constituted a breach of its fiduciary duty to investors. The proceedings were started after the company’s home state charged it with violations of the California Fair Employment and Housing Act in summer 2021.

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