Yuji Naka is well known in the gaming world, having helped create Sonic the Hedgehog, working at Sega for many years before transitioning over to Square Enix in 2016. Naka made headlines in late 2022 for less-than-stellar reasons, having been caught out for insider trading, a charge that he has …
Read More »Former Sonic designer reportedly arrested for insider trading
Yuji Naka is well known in the gaming world, having helped create Sonic the Hedgehog, working at Sega for many years before transitioning over to Square Enix in 2016. Now, Naka is reportedly in a spot of legal trouble, as he has reportedly been arrested for insider trading. As reported …
Read More »Microsoft’s Activision Blizzard acquisition is being investigated for insider trading
Microsoft's acquisition of Activision Blizzard was already complicated. Not only is it the largest merger in gaming history, but the latter company is also dealing with a number of lawsuits. Now, another legal battle has been added to the pile, with the US Justice Department investigating potential insider trading connected …
Read More »Former Starbreeze CFO convicted for insider trading
Back in 2018, Starbreeze began going through some serious financial troubles, facing insolvency, executive resignations and to add additional fuel to the fire, one person was arrested under suspicion of insider trading. Now after a lengthy wait, former Starbreeze CFO, Sebastian Ahlskog, has been convicted. According to the Swedish Economic …
Read More »Ubisoft executives fined €1.2 million for insider trading
Back in mid-November, we heard that the French finance regulator had accused five Ubisoft executives of insider trading, including the head of Ubisoft Montreal. The issue arose back when five executives sold shares in Ubisoft prior to the announcement that Watch Dogs would be delayed, after which Ubisoft's shares dropped …
Read More »French finance regulator accuses Ubisoft execs of insider trading
It looks like the head of Ubisoft Montreal and several other Ubisoft executives could be facing some trouble with the AMF, France's financial market regulator as some of the company's top employees have been accused of insider trading. According to allegations made by the AMF, there are five Ubisoft executives …
Read More »Ex Microsoft manager sentenced to two years for Insider Trading
Former Microsoft Senior Manager, Brian Jorgensen, has been sentenced to two years in prison for taking part in an inside trading scheme that generated $400,000 back in 2012. Jorgensen had tipped his friend, Sean Stokke, about Microsoft's strategic partnership with Barnes & Noble, once the news leaked, the company's stock shot up …
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