Gang, don't forget Disney's hand in this. United Front Games was also responsible for Disney's Marvel Battleground Playset and we all know what happened to Disney Infinity. Willing to bet this was what did the company in.
I'd say it's almost certainly Triad Wars that was to blame. Typically the companies that worked on things like Disney Infinity were mid level studios that were already struggling.
And they were working on that for a while.