Latest in Gaming

Image credit:

THQ stock option investigation over

Justin Murray
January 9, 2007
Share
Tweet
Share

Sponsored Links

Today seems to be a good day for video game publishers. First, Activision cleared up its stock option problems. Now THQ (THQI), the other video game company that had some 10-Q problems, is also out in the clear.

Much to the relief of investors and THQ, the investigation into THQ's stock option plans was completed; happily for everyone, no fraud was found. The only inconsistency involved in an increase of $11 million in after-tax expenses.

THQ is in the same situation as Activision. Both had stock option problems, both had that monkey pulled from their back and both are expected to have a good 2007. Their insistence on heavy Wii support is the reason. Let's hope we get some more good publisher news to add to these two.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
'Xbox Series S' console revealed by controller packaging

'Xbox Series S' console revealed by controller packaging

View
Space Force official logo and motto unveiled

Space Force official logo and motto unveiled

View
Watch AI-controlled virtual fighters take on an Air Force pilot on August 18th

Watch AI-controlled virtual fighters take on an Air Force pilot on August 18th

View
Hyundai is turning Ioniq into its own EV sub-brand

Hyundai is turning Ioniq into its own EV sub-brand

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr