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Funcom being investigated for alleged insider trading.

GPrestigeGPrestige Member UncommonPosts: 523

I thought this was interesting, if there's anyone here who plays or has played any of their games before. Hell, it's interesting to any MMO gamer, because I don't think this has happened to a MMO dev company before and I'm curious as to what will happen to their games.

Check it out here

 

The statement from the Oslo Stock Exchange locks down the period in question: “suspicion of infringement of the provisions of the Securities Trading Act with regards to the financial information given to the market regarding The Secret World from August 2011 until the launch of the game in July 2012 and the two months following the launch”.

-Computer specs no one cares about: check.

-MMOs played no one cares about: check.

-Xfire stats no one cares about: check.

-Signature no one cares about: check.

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-Narcissism: check.

Comments

  • WightyWighty Member UncommonPosts: 699
  • MadimorgaMadimorga Member UncommonPosts: 1,920
    This sucks.  I always hoped they'd eventually have the sense to create AO 2, with all the twinking, kiting, housing, decorating, and yalm exploration I could ever wish for.  Now we'll probably be lucky if the whole thing doesn't shut down on us.

    image

    I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals.

    ~Albert Einstein

  • Kevyne-ShandrisKevyne-Shandris Member UncommonPosts: 2,077
    Originally posted by GPrestige

    The statement from the Oslo Stock Exchange locks down the period in question: “suspicion of infringement of the provisions of the Securities Trading Act with regards to the financial information given to the market regarding The Secret World from August 2011 until the launch of the game in July 2012 and the two months following the launch”.

    Ouch.

     

    So they were investigating for that long, and finally dropped the bomb.

     

    Let's see the details of this, indeed.

  • GPrestigeGPrestige Member UncommonPosts: 523
    Originally posted by Madimorga
    This sucks.  I always hoped they'd eventually have the sense to create AO 2, with all the twinking, kiting, housing, decorating, and yalm exploration I could ever wish for.  Now we'll probably be lucky if the whole thing doesn't shut down on us.

    I actually quite like The Secret World, so I'm hoping content doesn't stop coming.

    -Computer specs no one cares about: check.

    -MMOs played no one cares about: check.

    -Xfire stats no one cares about: check.

    -Signature no one cares about: check.

    ------------------------------------------------------------
    -Narcissism: check.

  • MadimorgaMadimorga Member UncommonPosts: 1,920
    Originally posted by GPrestige
    Originally posted by Madimorga
    This sucks.  I always hoped they'd eventually have the sense to create AO 2, with all the twinking, kiting, housing, decorating, and yalm exploration I could ever wish for.  Now we'll probably be lucky if the whole thing doesn't shut down on us.

    I actually quite like The Secret World, so I'm hoping content doesn't stop coming.

     

    I've actually been playing it again here and there lately.  The story is great, but as a solo player I find the gameplay pretty grindy.  I imagine it's much more enjoyable for social butterflies, but I will never be one of those.

     

    And they haven't helped their cause with this new lockbox of rng thing everyone is blowing up their official forum about today.  Although judging by the mostly junk loot listed by players who have bought them they don't seem all that big of a deal, at least for now.   Bad timing much, though?  Or desperate measures?  

    image

    I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals.

    ~Albert Einstein

  • anemoanemo Member RarePosts: 1,903
    And now found guilty of not having sufficent documentation and paperwork to be listed on that stock exchange.

    Practice doesn't make perfect, practice makes permanent.

    "At one point technology meant making tech that could get to the moon, now it means making tech that could get you a taxi."

  • plat0nicplat0nic Member Posts: 301
    Wasn't funcom Age of Conan?

    image
    Main Game: Eldevin (Plat0nic)
    2nd Game: Path of Exile (Platonic Hate)

  • ZzuluZzulu Member Posts: 452
    Funcom makes bad games
  • TheocritusTheocritus Member LegendaryPosts: 9,379
    Anarchy Online is probably their best game as far as gameplay goes, but it is 12 years old now
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