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Starbreeze's Stockholm offices raided by Swedish authorities, one person arrested

Starbreeze's Stockholm offices raided by Swedish authorities, one person arrested

The Stockholm offices of games firm Starbreeze have been raided by the Swedish Economic Crime Authority (ECO).

The news was confirmed to GamesIndustry.biz by ECO, who said that one person had been arrested in the search.

This follows the news that the games firm had filed for reconstruction after Overkill's The Walking Dead failed to hit expectations. CEO Bo Anderrson announced his resignation, too.

In its financials for Q3 2018, the company revealed that its losses had tripled to $11.3m.

"This morning officals from the Swedish Economic Crime Authority raided the offices of Starbreeze in Stockholm," the organisation said.

"One person was arrested and items were seized. The raid is part of an ongoing investigation involving suspected insider trading."

Meanwhile, Starbreeze added: "On Wednesday Swedish Economic Crime Authority has conducted a search query at Starbreeze AB. The company has been informed that this has occurred due to suspicions of insider charges. The company as such is not subject to any suspicion. The company cooperates full with the Swedish Economic Crime Authority. The event does not affect the company or the ongoing business reconstruction.


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Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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