Yuji Naka, Sonic Co-Creator, Sentenced for Insider Trading
TL;DR Summary
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.
- Yuji Naka Faces $1.2 Million Fine and Suspended Prison Sentence for Insider Trading Push Square
- Sonic Co-Creator Yuji Naka Given Suspended Prison Sentence for Insider Trading IGN
- Sonic Co-Creator Yuji Naka Found Guilty Of Insider Trading Nintendo Life
- Yuji Naka officially sentenced to prison with four-year suspension Nintendo Everything
- Ex-Square Enix employee gets suspended term over insider trading Kyodo News Plus
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