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Former Square Enix Employees Arrested On Insider Trading Accusations

Square Enix

Two former employees of Square Enix have been arrested over allegations of insider trading as it is believed that the two former staffers used their information to purchase stock in order to sell it at a higher volume, according to VGC (via Automaton).

“Currently, an investigation by the Tokyo District Public Prosecutors Office is underway, and we will fully cooperate with the investigation to clarify the facts” the company said in an official statement (via Google Translate)

“We sincerely regret that this situation has caused great concern to everyone involved. We are taking strict measures against this incident, including disciplinary action against the former employee.”

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