Former Sonic boss Yuji Naka re-arrested, as fresh insider trading allegations emerge

Yuji Naka, the former boss of Sega’s Sonic Team, has reportedly been re-arrested in Japan over fresh allegations of insider trading.

Japanese newspaper Asahi reported today that Naka now stands accused of violating financial laws in relation to another mobile game it is claimed he had insider knowledge of – Final Fantasy 7: The First Soldier.

Specifically, Naka is accused of purchasing 144.7m yen’s worth of shares in its developer ATeam (worth around £865k) before The First Soldier was officially announced.

Advertisements

Read more

 /format/jpg/quality/80/Untitled-1_cjVa4rp.jpg” title=”Former Sonic boss Yuji Naka re-arrested, as fresh insider trading allegations emerge” /> Read More 

Advertisements
Subscribe
Notify of
guest
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments