LOS ANGELES — The makers of addictive mobile gaming sensation Candy Crush Saga are the target of a class-action lawsuit that claims the company deliberately hid a significant decline in users ahead of its IPO last year, according to court documents obtained Friday by Mashable.
Filed Tuesday in California Superior Court and only revealed now, the suit from investors Sean Debotte and Michael Nunes accuses San Francisco-based King Digital of misleading investors in its federal documents ahead of the company's initial public offering one year agoCandy Crush Saga accounts for nearly 80% of King's business, according to the company's official IPO filings. Read more...
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