SHAREHOLDER ALERT: Brower Piven Encourages Investors With More Than $200,000
in Losses From Electronic Arts, Inc. to Contact Brower Piven Before the
February 17, 2014 Lead Plaintiff Deadline -- EA
STEVENSON, Md., Dec. 18, 2013 (GLOBE NEWSWIRE) -- Brower Piven, A Professional
Corporation announces that a class action lawsuit has been commenced in the
United States District Court for the Northern District of California on behalf
of purchasers of Electronic Arts, Inc. ("EA" or the "Company") (Nasdaq:EA)
common stock during the period between July 24, 2013 and December 4, 2013,
inclusive (the "Class Period").
If you have suffered a net loss from investment in Electronic Arts, Inc.
common stock purchased on or after July 24, 2013, and held through any of the
revelations of negative information on November 15, 2013 and/or December 4,
2013, as described below, at no cost to you, you may obtain additional
information about this lawsuit and your ability to become a lead plaintiff by
contacting Brower Piven at www.browerpiven.com, by email at
email@example.com, by calling 410/415-6616, or at Brower Piven, A
Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153.
Attorneys at Brower Piven have combined experience litigating securities and
class action cases of over 60 years.
No class has yet been certified in the above action. Members of the Class will
be represented by the lead plaintiff and counsel chosen by the lead
plaintiff. If you wish to choose counsel to represent you and the Class, you
must apply to be appointed lead plaintiff no later than February 17, 2014 and
be selected by the Court. The lead plaintiff will direct the litigation and
participate in important decisions including whether to accept a settlement
and how much of a settlement to accept for the Class in the action.The lead
plaintiff will be selected from among applicants claiming the largest loss
from investment in the Company during the Class Period.
The complaint accuses the defendants of violations of the Securities Exchange
Act of 1934 by virtue of the defendants' failure to disclose during the Class
Period that Battlefield 4, one of the Company's signature video games, was
riddled with bugs, connectivity issues, and several other problems that caused
the EA unit publishing Battlefield 4 to put all other projects on hold to
permit it to focus its efforts on fixing Battlefield 4.According to the
complaint, following the November 15, 2013 disclosure that EA games
experienced multiple glitches and significant crashes on the newly released
Sony Play Station 4 console and the December 4, 2013 disclosure that bugs,
connectivity issues, server limitations and other problems plaguing
Battlefield 4 indefinitely halted the rollout of Battlefield 4 and delayed
other EA projects, the value of EA shares declined significantly.
If you choose to retain counsel, you may retain Brower Piven without financial
obligation or cost to you, or you may retain other counsel of your choice.You
need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
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