Electronic Arts Inc. (NASDAQ:ERTS) Being Sued Over Sports Franchises

Electronic Arts Inc. (NASDAQ:ERTS) is facing a class action lawsuit over its
sports exclusivity contracts. Electronic Arts Inc. (NASDAQ:ERTS) Being Sued Over
Sports Franchises A class action lawsuit has been filed in northern California
against Electronic Arts Inc. (NASDAQ:ERTS) over exclusive sports deals involving
the NFL, NFLPA, NCAA, and AFL. It appears that the main claim of the suit is
that by gobbling up the rights Electronic Arts Inc. (NASDAQ:ERTS) put themselves
in a position to overcharge consumers. According to the law, if you do nothing
and are a member of the class suit, you will be bound by the decisions of the
case and will no longer have the option to sue the defendant, Electronic Arts
Inc. (NASDAQ:ERTS). Electronic Arts Inc. (NASDAQ:ERTS) shares were at 19.86 at
the end of the last days trading. Theres been a 23.7% change in the stock price
over the past 3 months. Electronic Arts Inc. (NASDAQ:ERTS) Analyst Advice
Consensus Opinion: Hold Mean recommendation: 2.07 (1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.18 Zacks Rank: 4 out of 11 in the industry