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  • Report: Activision may have paid 'tens of millions' to West, Zampella

                      
    		   
    by
    wraggster
    Published on July 31st, 2012 11:47
    0 Comments Comments
    When ex-Infinity Ward employees Jason West and Vince Zampella settled their lawsuit with Activision, it was sudden, shocking, and most of all, secret. Activision paid out an undisclosed sum to West and Zampella just before a full trial was set to begin, and while it is expected the exact amount may never be made public, experts can still make an educated guess.

    Financial analyst Doug Creutz of Cowen and Company posits that the settlement was worth "tens of millions," Gamespot reports. Considering Activision paid out $42 million to the Infinity Ward Employee Group as part of a separate lawsuit, and West and Zampella were seeking $1 billion when the case reached its bitter peak, this ballpark figure checks out.

    Activision will report earnings on Thursday, August 2, and Creutz says he expects investors will ignore the impact of the settlement on Activision's bottom line.

    http://www.joystiq.com/2012/07/30/re...s-to-west-zam/
    This article was originally published in forum thread: Report: Activision may have paid 'tens of millions' to West, Zampella started by wraggster View original post
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