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FEATURED VOXPOP Master_Craig
Welcome Home - PAX AUS 2014
By Master_Craig
Posted on 11/18/14
Last night I returned home from PAX AUS 2014. Long story short, it wasn't perfect, but it was quite possibly the best weekend I've had this year. It was a lot of fun. If you'd like to continue reading, the long story is just below. Buckle up. This is gonna be...

GAMING NEWS

THQ Might Get Hit With Another Lawsuit

Posted on Wednesday, June 13 @ 16:02:44 Eastern by


THQ already skirted a lawsuit with Adidas in March this year, and already it might be in the midst of another lawsuit. Holzer Holzer & Fistel, LLC is investigating whether THQ misled investors on the uDraw GameTablet:
Specifically, the investigation seeks to determine, among other things, whether the Company knew but failed to timely disclose that demands for its uDraw GameTablet was below internal expectations in part due to differences between gamers who pla yvideo games on the Nintendo Wii and those who play games on Xbox360 and PlayStation.
It feels quite late for a lawsuit of this nature given that THQ announced that they would discontinue the uDraw GameTablet in February. I can understand the frustration of THQ saying that the tablet would succeed and then having it flop, but this lawsuit feels like a stretch. It may be difficult to determine whether they lied, and deliberately so, on the figures for demand.

More on this story as it develops.
Tags:   THQ, Lawsuit
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