Sonic the Hedgehog co-creator, Yuji Naka, has been found guilty of insider trading by a Tokyo District Court. Japanese news agency Jiji Press reported that Naka had violated Japan’s Financial Instruments and Exchange Act, according to a Tokyo District Court, as he had bought shares based on inside information. The judge that found Naka guilty dealt out two fines that accumulated to ¥173 million ($1.2 million) – a very substantial penalty. Along with the fine, there is also a potential for
…
Read more