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Yuji Naka, Sonic Co-Creator, Sentenced for Insider Trading

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Source: Push Square
Yuji Naka, Sonic Co-Creator, Sentenced for Insider Trading
Photo: Push Square
TL;DR

Yuji Naka, known for his work on the Sonic the Hedgehog series, has been sentenced to a suspended prison term of two and a half years and fined ¥173 million ($1.2 million) for insider trading. Naka purchased shares in Square Enix before the announcement of Dragon Quest Tact and Final Fantasy: The First Soldier, earning a profit of ¥23 million ($163,000). He pleaded guilty and showed remorse, which likely contributed to the lenient sentence.

Topics:technologylegalcrime#fine#insider-trading#legalcrime#sentencing#suspended-prison-sentence#yuji-naka
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  1. Yuji Naka Faces $1.2 Million Fine and Suspended Prison Sentence for Insider Trading  Push Square
  2. Sonic Co-Creator Yuji Naka Given Suspended Prison Sentence for Insider Trading  IGN
  3. Sonic Co-Creator Yuji Naka Found Guilty Of Insider Trading  Nintendo Life
  4. Yuji Naka officially sentenced to prison with four-year suspension  Nintendo Everything
  5. Ex-Square Enix employee gets suspended term over insider trading  Kyodo News Plus

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