Rumor: Team Ninja To Lose Dozens of MembersPosted 12:34pm Mon Jun 16, 2008 by Zach Lott
Tags: Team Ninja, Tecmo, Tomonobu Itagaki
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It looks like Tomonobu Itagaki won't be the only one to leave publisher Tecmo, as 1up has discovered that dozens of Team Ninja members may be planning to follow his lead and will jump ship and sue the company for unpaid bonuses.
The news comes after Tecmo issued a statement saying that the team is "intact" and "has several new projects already underway," leading many to believe that Team Ninja may soon be in dire trouble. Even if they hire new developers to work on future entries in the Ninja Gaiden and Dead or Alive franchises, they will run the risk of releasing products that aren't true to their predecessors.
1up also made note that Japanese law requires publicly-traded companies to report lawsuits filed against them to shareholders on the same day as the filing, which could cause huge problems for Tecmo, as they waited for weeks after the filing of Itagaki's lawsuit to reveal the information to their shareholders.
We'll have more information once it becomes available.
The news comes after Tecmo issued a statement saying that the team is "intact" and "has several new projects already underway," leading many to believe that Team Ninja may soon be in dire trouble. Even if they hire new developers to work on future entries in the Ninja Gaiden and Dead or Alive franchises, they will run the risk of releasing products that aren't true to their predecessors.
1up also made note that Japanese law requires publicly-traded companies to report lawsuits filed against them to shareholders on the same day as the filing, which could cause huge problems for Tecmo, as they waited for weeks after the filing of Itagaki's lawsuit to reveal the information to their shareholders.
We'll have more information once it becomes available.
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