Zynga 2013 Annual Report Download - page 102

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Table of Contents
13. Commitments and Contingencies
Lease Commitments
We have entered into operating leases for facilities, primarily for data center space. As of December 31, 2013, future minimum lease
payments related to these leases are as follows (in thousands):
Rent expense on operating leases for facilities for the years ended December 31, 2013, 2012 and 2011 totaled $7.3 million, $11.2 million,
and $14.4 million, respectively.
Other Purchase Commitments
We have entered into several service contracts for hosting of data systems and payment processing. Future minimum purchase
commitments that have initial or remaining non-cancelable terms as of December 31, 2013, are as follows (in thousands):
Legal Matters
On July 30, 2012, a purported securities class action captioned DeStefano v. Zynga Inc. et al., Case No. 3:12-cv-04007-JSW, was filed in
the United States District Court for the Northern District of California against the Company, and certain of our current and former directors,
officers, and executives. Additional purported securities class actions containing similar allegations were filed in the Northern District. On
September 26, 2012, the court consolidated various of the class actions as In re Zynga Inc. Securities Litigation, Lead Case No. 12-cv-04007-
JSW. On January 23, 2013, the court entered an order appointing a lead plaintiff and approving lead plaintiff’s selection of lead counsel. On
April 3, 2013, the lead plaintiff and another named plaintiff filed a consolidated complaint. The consolidated complaint alleges that the
defendants violated the federal securities laws by issuing false or misleading statements regarding the Company’s business and financial
projections. The plaintiffs seek to represent a class of persons who purchased or otherwise acquired the Company’s securities between
December 16, 2011 and July 25, 2012. The consolidated complaint asserts claims for unspecified damages, and an award of costs and expenses
to the putative class, including attorneys’ fees. The defendants’ motions to dismiss were filed on May 31, 2013, and briefing on the motions was
completed in August 2013. On September 23, 2013, the court vacated the previously scheduled hearing on the motions and advised that the
motions would be decided on the filings. The court’s order does not indicate when a ruling on the motions to dismiss is likely to be issued.
In addition, a purported securities class action captioned Reyes v. Zynga Inc., et al. was filed on August 1, 2012, in San Francisco County
Superior Court. The action was removed to federal court, and was later remanded to San Francisco County Superior Court. The complaint
alleges that the defendants violated the federal securities
98
Year ending December 31:
2014
$
31,215
2015
28,359
2016
22,428
2017
13,286
2018 and thereafter
45,814
$
141,102
Year ending December 31:
2014
$
4,723
2015
826
2016
407
$
5,956