Yuji Naka, other Square Enix employees arrested for insider trading

yuji-naka-sonic-square-enix-1077328.jpeg

Authorities are cracking down on Square Enix employees following allegations of insider trading. The Tokyo Prosecutor's Office has arrested three former Square Enix workers, claiming that they used insider knowledge to invest in a gaming studio prior to the public reveal of their latest project. Reportedly, Fumiaki Suzuki, Taisuke Sasaki, and Yuji Naka, the latter known as the creator of Sonic the Hedgehog, had insider information on an upcoming mobile game, Dragon Quest Tact, and used it to heavily invest in stock shares of the developer, Aiming Co., prior to the official announcement.

Square Enix released a statement on the matter, saying that they are currently working with the police in their investigation to "clarify the facts", while also taking disciplinary action against the accused employees. According to Japanese media outlets, Naka purchased around 10,000 shares of Aiming for 2.8 million yen total, while Sasaki and and Suzuki bought a combined 162,000 shares at about 47.2 million yen.

:arrow: Source
 

Zense

Well-Known Member
Member
Joined
Apr 20, 2008
Messages
1,977
Trophies
2
XP
4,313
Country
Italy
"Taisuke Sasaki, a former Dragon Quest XI middleware manager, and Fumiaki Suzuki, a former Dragon Quest X event programmer."

Just googled it. From thegamer.com

My best guess would be the Dragon Quest duo getting hold of the info first, because Dragon Quest. Yuji Naka seems like the odd one out of three of them.
 

Snintendog

Well-Known Member
Member
Joined
Feb 18, 2015
Messages
114
Trophies
0
XP
710
Country
United States
This screams Set up job. Yuji barely even worked for Square long enough to even be part of this. Yuji has been squares fall guy for a frick ton of BS lately. And his blowing open how Square made Balan a forced failure.
 

lattechan

Well-Known Member
Member
Joined
Nov 11, 2021
Messages
434
Trophies
0
XP
315
Country
United States
"Taisuke Sasaki, a former Dragon Quest XI middleware manager, and Fumiaki Suzuki, a former Dragon Quest X event programmer."

Just googled it. From thegamer.com

My best guess would be the Dragon Quest duo getting hold of the info first, because Dragon Quest. Yuji Naka seems like the odd one out of three of them.
customary to kick profits upwards in the ladder and such i reckon
 

Site & Scene News

Popular threads in this forum

General chit-chat
Help Users
  • No one is chatting at the moment.
    K3Nv2 @ K3Nv2: Att did offer a $500gc tempting to use it for 6 months and cancel