Starbreeze searched in insider trading investigation

The Swedish Economic Crime Authority today raided the offices of Starbreeze Studios, the company behind games including Payday 2 and recent flop Overkill’s The Walking Dead, over suspicions of insider trading. They arrested one person and seized a computer. Starbreeze are in big financial trouble at the moment, planning to cut costs and filing for administration following the harm done by The Walking Dead’s launch – and that game’s the issue. Reports say two Starbreeze fellas sold all of their company stock in November, shortly before the game’s poor sales saw share drop as low as 10% of their prior value. Which could be iffy.


Leave a reply