Funcom under investigation

Earlier this morning Eurogamer reported that developer Funcom’s office doors had been shut while Norway’s economic crime unit, Økokrim, launched an investigation into whether or not the company has been engaging in activities which breach the Securities Trading Act. Økokrim sent a bunch of agents over to the developer’s  offices to confiscate documents, but in a subsequent statement Funcom has said that they are back to business as usual.

Funcom is accused of making false or misleading statements to the market concerning the development of The Secret World between August 2011 and the game’s launch in July 2012. Funcom director of communications Erling Ellingsen has since provided Eurogamer with the following statement:

“Production on all Funcom games continues as normal, and the company remains fully committed to games in development as well as the continued operation and updating of existing live games. Yesterday’s events are not expected to have any impact on the company’s continued operation or the development on future releases.”

“Funcom’s key priorities are the development of the upcoming LEGO Minifigures Online, as well as supporting and expanding on the live games Age of Conan, The Secret World and Anarchy Online with new and exciting content. In terms of The Secret World, developers are currently in the process of finalizing its ninth content update, which will send players on a grand adventure through Tokyo, and Funcom will be releasing new information and screenshots from this update soon.”

“Please also note that trading in the company stock was only suspended temporarily yesterday, and trading was back to normal shortly thereafter. We were also happy to see that the way we handled the communication to the market after the events was well received, and the stock climbed throughout today.”

Source: Eurogamer