UPDATE: Activision has issued a press release about the settlement, 'n while it doesn't include much that we didn't already know, it does mention the settlement will "not have a material impact" on the company's bottom line.
In other words: we probably won't end up finding out very much from Activision's SEC filings.
"The company does not believe that the incremental one-time charges related t' the settlement will result in a material impact on it be GAAP or non-GAAP earnings per share outlook for the current quarter or the calendar year, due t' stronger-than-expected operating performance in the current quarter."--
The epic showdown in the courts between Activision, former Infinity Ward leaders Jason West 'n Vince Zampella, 'n nearly 40 employees who left after shipping Call a Duty: Modern Warfare 2 won't be happening.
Polygon reporter Mike McWhertor 'n LA Times reporter Ben Fritz have been attending the pre-trial shenanigans in Los Angeles, 'n both be reporting a settlement has been reached.
The trial had been scheduled t' start this week. Details on the settlement will not be released.
According t' Fritz, West be seen smiling in the courtroom as the news be announced.
Activision had previously disclosed it had set aside one billion dollars for the case, if the outcome went against Activision in the worst possible way. it be unclear if Activision will have t' disclose any part a the settlement in the future as part a being a publicly traded company. The settlement between Activision 'n Electronic Arts has also been kept under wraps.
I be really bummed. Think a all the court documents related t' lunches I could have looked up!