R
Rösti
Unconfirmed Member
Not much is said about the statements mentioned, but all such can be found on EA's IR page if anyone is interested. Here's the press release anyway:
Last year the same firm investigated THQ regarding securities violations on the uDraw game tablet, as discussed here. I do not know how that investigation went, but perhaps what H H & F found was a contributing factor to THQ's downfall. What they will find at EA, apart from exceptionable customer service, we can only speculate in; but it could get ugly.
Source: http://www.businesswire.com/news/ho...stor-Alert-Holzer-Holzer-Fistel-LLC-AnnouncesATLANTA--(BUSINESS WIRE)--Holzer Holzer & Fistel, LLC is investigating whether Electronic Arts, Inc. (EA or the Company) (NYSE: EA) and/or certain of its officers complied with the federal securities laws between July 24, 2013 and December 4, 2013. Specifically, the investigation focuses on statements issued during that time regarding the development and sales of the Companys Battlefield 4 video game and the games impact on EAs revenue and projects moving forward.
If you purchased EA common stock between July 24, 2013 and December 4, 2013 and suffered losses on that investment, you are encouraged to contact Holzer Holzer & Fistel, LLC attorney Marshall P. Dees, Esq. via email at mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832 regarding your legal rights.
Last year the same firm investigated THQ regarding securities violations on the uDraw game tablet, as discussed here. I do not know how that investigation went, but perhaps what H H & F found was a contributing factor to THQ's downfall. What they will find at EA, apart from exceptionable customer service, we can only speculate in; but it could get ugly.