Activision vs West settled

Just before it went to trial.

If you wanted more juicy details on the detoriated relationship between Activision and Infinity Ward founders Jason West and Vincent Zampella you're out of luck. The parties settled just before the deadline set by the judge and before the matter went to trial.

No details on the settlement have been released as it will remain confidential, but Activision released the following statements in line with SEC regulations of informing stock holders:

"Activision Blizzard, Inc. (Nasdaq: ATVI) today announced that all parties to the litigation have reached a settlement of the dispute, the terms of which are strictly confidential."

"The company does not believe that the incremental one-time charges related to the settlement will result in a material impact on its GAAP or non-GAAP earnings per share outlook for the current quarter or the calendar year, due to stronger-than-expected operating performance in the current quarter."

Basically, this can be interpreted as Activision paying out a substantial sum of cash, but nowhere near the amount West and Zampella sought ($1 billion), but one that is cancelled out by a better than expected performance for the quarter (i.e. Diablo III). It could be that West and Zampella have been given as much as $100 million, but it's probably a little less than that.