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SEC Probe Expands Probe To Activision, THQ, Midway

As <a href="/php-bin/industry_news_display.php?story=1872">revealed Friday by Acclaim</a>, the US Securities and Exchange Commission has launched a probe, and there are now at least three other companies under the microscrope besides Acclaim:

Game Developer, Staff

July 21, 2003

1 Min Read

Activision, THQ and Midway. All four have received letters from the SEC requesting information. Reuters has reported that the investigation is focusing on accounting practices -- revenue recognition specifically. As a result, shares in all US game companies are down in trading today, between 5-10%.

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Opinion: How will Project 2025 impact game developers?

The Heritage Foundation's manifesto for the possible next administration could do great harm to many, including large portions of the game development community.