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Riot Games Issues Statement About Echo Fox Shareholder Who Made Alleged Racist Remarks to Rick Fox

WEST HOLLYWOOD, CA - FEBRUARY 26:  Former NBA player Rick Fox attends the premiere of Showtime's "Kobe Bryant's Muse" at The London Hotel on February 26, 2015 in West Hollywood, California.  (Photo by Alberto E. Rodriguez/Getty Images)
Premiere Of Showtime's "Kobe Bryant's Muse" - Red Carpet | Alberto E. Rodriguez

Riot Games issued a statement Wednesday giving Echo Fox 60 days to take the "appropriate corrective action" against shareholder Amit Raizada for alleged racist remarks he made to Rick Fox that prompted Fox's threats to leave the organization he founded.

The LCS, Riot Games' North American professional League of Legends circuit, conducted a preliminary investigation into the incident. Although the statement did not explicitly confirm that the League of Legends body viewed Raizada's comments as hate speech or bigotry, it reinforced that such language is intolerable in the LCS.

As such, Echo Fox has 60 days to remove "any individuals whose actions violate league rules and agreements," or else Riot will take formal action, according to the statement from LCS commissioner Chris Greeley.

The situation surrounding Raizada's comments became public when an anonymous source shared internal Echo Fox emails with Richard Lewis on April 25. In those emails, founder Rick Fox announced his intention to leave the organization in light of racist comments and threats from an unnamed shareholder.

Lewis went on to reveal Raizada's name May 1 following a statement from Echo Fox confirming the language in question.

The statement doesn't name Raizada or specify how league action will affect Echo Fox's place in the LCS. Fox himself has since stated he would stay with the organization should Raizada depart.

Photo courtesy of Getty Images