Funcom's Ex-CEO Being Investigated For Insider Trading


Posted September 14, 2012 - By Stephen Johnson

The Secret World

More bad news for Funcom, the devoloper of horror MMO The Secret World. The former CEO of Funcom, Trond Aas, now the company's “strategic advisor” and chief strategy officer, is being investigated by Norwegian authorities for possible insider trading concerning The Secret World's stock.

On July 2, Aas left his CEO position which allowed him to sell 1.5 million shares of Funcom stock. He dropped 650,000 shares, which seems to have raised the eyebrows of the Norweigian financial world.

Of course all of this could be totally above board, but the idea of the head of an MMO company dropping a bunch of stock during the launch phase of a massive MMO does seem a bit suspect. We'll see how the investigation comes out.

Source: VG 247

Funcom's Ex-CEO Being Investigated For Insider Trading


Blog Tags

  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,305,855 Views | 05:20

  • International Sexy Ladies Show: Messy Cat Fight

    Posted: January 27, 2010

    632,367 Views | 00:49

  • Adult Star Kirsten Price Tests Kinect's Nude Filter

    Posted: November 12, 2010

    1,433,894 Views | 04:33

  • Best Nude Scenes in Video Games

    Posted: June 29, 2009

    1,521,557 Views | 03:12

  • International Sexy Ladies Show: Wrestling in Moscow

    Posted: June 19, 2009

    135,723 Views | 01:24