In a statement shared with The Wall Street Journal, Activision Blizzard confirmed that the SEC was investigating the company and said the investigation pertained to "the company's disclosures regarding employment matters and related issues." It also said that the "company is cooperating with the SEC." A press release shared this week following the news of the SEC investigation included a comment from Activision Blizzard CEO Bobby Kotick who's now been subpoenaed by the SEC.

"We are deeply committed to making Activision Blizzard one of the best, most inclusive places to work anywhere," Kotick said in the press release. "There is absolutely no place anywhere in our Company for discrimination, harassment, or unequal treatment of any kind. While we continue to work in good faith with regulators to address and resolve past workplace issues, we also continue to move ahead with our own initiatives to ensure that we are the very best place to work. We remain committed to addressing all workplace issues in a forthright and prompt manner."

The SEC is looking for records from Activision Blizzard board meetings as well as communications between Kotick and other senior executives regarding any complaints of sexual harassment, discrimination, or related accusations from the initial lawsuit. With this investigation confirmed, the SEC is now one of several entities that's looking into Activision Blizzard.