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Photo illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images

The Securities and Exchange Commission is investigating Activision Blizzard in regards to the company's recent scandal over sexual misconduct and discrimination at the company, the Wall Street Journal reports.

Why it matters: The investigation is the latest in a series of high-profile escalations against Activision Blizzard.

  • CEO Bobby Kotick, as well as several other executives, has been subpoenaed; the SEC has asked for communications from Kotick and senior executives around complaints of company harassment.
  • The SEC is seeking documents "including minutes from Activision board meetings since 2019, personnel files of six former employees, and separation agreements the company has reached this year with staffers," per WSJ.
  • A spokesperson for Activision Blizzard told Axios that the company is cooperating with the SEC.”

The big picture: The fallout from the Activision Blizzard scandal shows no sign of slowing down.

  • Last week, a union supporting Activision Blizzard workers filed a complaint to the National Labor Relations Board.
  • Shareholders have slammed the company's efforts to improve its culture so far, saying those promises do not go "nearly far enough to address the deep and widespread issues with equity, inclusion, and human capital management" that the company is facing."
  • California expanded its anti-discrimination lawsuit against Activision Blizzard in August to include temporary workers.

Editors note: This story has been updated with comment from Activision Blizzard.

Go deeper

Activision's investigators now feuding

Photo: NurPhoto/Getty Images

Two of the governmental organizations suing Activision are now fighting each other in court.

Driving the news: On Thursday, California's Department of Fair Employment and Housing said it objected to the Equal Employment Opportunity Commission's planned harassment lawsuit settlement with Activision Blizzard.

New complaints unlikely to hobble Facebook

Illustration: Shoshana Gordon/Axios

A former Facebook employee has filed eight complaints with the Securities and Exchange Commission alleging the social network deceived investors. But even if regulators find the company at fault, it’s unlikely to remake Facebook in a drastic way.

Why it matters: Critics of Big Tech companies like Facebook have increasingly pushed for the government to halt certain practices — driven by advertising business models — they say allow or encourage harmful content.

3 hours ago - Health

FDA authorizes mix-and-match for COVID booster shots

Photo: Francine Orr/Los Angeles Times via Getty Images

The Food and Drugs Administration (FDA) on Wednesday gave its approval for Americans to get booster shots that are different from the COVID vaccine they initially received.

Why it matters: The recommendation from the FDA, which also authorized booster shots for people who received Moderna and Johnson & Johnson vaccines on Wednesday, paves the way for an expansion of booster shots.

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