Acclaim, Activision and THQ need to submit information to the commission.
The three videogame giants admitted to recieving letters from the Security and Exchanges Commssion that asked them for information about their accounting practices. The SEC said that this request was in no way indicative that any crimes were broken, so the three companies saw every reason to fully cooperate.
As a result of this probe, the stocks of all three publishers took a pretty big hit on the Nasdaq, with their shares falling as much as 10 percent. This news serves as a reminder that the SEC still keeps an eye on the videogame industry, as it is still in the process of investigating Take-Two Interactive as well.
