DALLAS, July 9, 2012 /PRNewswire/ -- Goldfarb LLP is investigating whether the board of directors of THQ, Inc. (NASDAQ: THQI) violated shareholder protection laws by issuing materially false and misleading statements to investors that artificially inflated the company's stock price. Concerned THQI investors who held shares before February 3, 2011 are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or email@example.com about their rights and remedies. "The company is accused of issuing false and misleading statements regarding the company's uDraw GameTablet and its lack of appeal to Microsoft Xbox 360 and Sony PlayStation 3 owners," securities lawyer Hamilton Lindley said. "Our proposed shareholder lawsuit will seek to ensure that proper controls are placed to correct any improper behavior, and to improve the company's value for investors." Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. THQ, Inc. shareholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org or 877-583-2855. Hamilton Lindley Goldfarb LLP2501 N. Harwood, Ste. 1801 Dallas, TX 75201(877) 583-2855 Toll Free Telephone (214) 583-2233 Local Phone Number (214) 583-2234 Fax Number email@example.com SOURCE Goldfarb LLP
Shares of THQ (Nasdaq:THQI) were gapping down Wednesday morning with an open price 10.3% lower than Tuesday's closing price. The stock closed at 68 cents yesterday and opened today's trading at 61 cents.
Shares of THQ (Nasdaq:THQI) were gapping down Friday morning with an open price 22.4% lower than Thursday's closing price. The stock closed at 76 cents yesterday and opened today's trading at 59 cents.