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THQ Under Investigation Regarding False Demand For uDraw Tablet

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Posted on June 14, 2012 AT 10:49am

THQ’s fight to stay in business is heading for another hurdle, as the company is facing an official investigation regarding the development and marketing of their ill-fated uDraw tablet.

As reported by Yahoo Finance via Business Wire, the law firm Holzer Holzer & Fistel is taking a look at statements made by THQ between May 2011 and February 2012. Basically, the firm is trying to determine if THQ intentionally made misleading comments about the uDraw while knowing that it wouldn’t meet sales expectations.

In particular, this directly affects shareholders and anyone with investments and partnerships in the company, as investigation suggests that they were misled about the uDraw’s revenue expectations in the gaming market.

If you do fall under that particular category, Holzer Holzer & Fistel wants you to give them a call:

If you purchased THQ common stock between May 3, 2011 and February 3, 2012 and have questions concerning your legal rights, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, ormdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Anyone out there still own some stock in THQ? It’s not worth much, but you might be owed a lot more money than you think.

Source: Yahoo Finance

McKinley Noble, Contributing Editor
McKinley Noble has been writing about video games for seven years as a blogger and journalist, with each job adding to his painstakingly alphabetized collection of retro gaming memorabilia. When not cracking jokes about the gaming industry, he's a talking encyclopedia when it comes to mixed martial arts and anything MMA related. Follow him on Twitter: @KenTheGreat1. Meet the rest of the crew.

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