Starbreeze Studios has been raided over insider trading claims

Starbreeze Studios, the developer of Payday 2 and publisher of Dead by Daylight, has been raided by Swedish authorities over claims of insider trading by company executives. The raid was not announced beforehand and resulted in the arrest of one man and the seizure of documents related to company finances and a large quantity of computer equipment. It's not known if more arrests are planned at this time.

"This morning officials from the Swedish Economic Crime Authority raided the offices of Starbreeze in Stockholm," the statement from the Swedish Economic Crime Authority reads. "One person was arrested and items were seized. The raid is part of an ongoing investigation involving suspected insider trading.”

Starbreeze has been going through major turmoil in recent weeks. Its CEO resigned just a few days ago following what was said to be poor sales of Overkill's The Walking Dead game. Starbreeze since filed for reconstruction under the Stockhold District Court, as PCGamesN explains, with a view to helping to keep the company afloat. A criminal investigation is not going to make matters easy though, and no doubt that developers are concerned about what the future holds for the long-time game development studio.

Alongside the CEO, fellow long-time employee at Starbreeze Kristofer Arwin, also resigned from the Board of Directors.

Add new comment

Leave this field empty.


Add new comment