Tecmo on lawsuits issue: Please handle with care, mass exodus not true

Posted Jun 18, 2008 at 9:37PM by Mabie A. Listed in: News Tags: Tecmo, Tomonobu Itagaki
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Tecmo logo - Image 1Tecmo is certainly working double time to do some much needed damage control. First, Tomonobu Itagaki resigned and slapped them with a lawsuit for goodbye. Then came the reports of a mass exodus of its employees, supposedly copycatting Itagaki's maneuver of filing cases against them.

Now, Tecmo is clearing the air, saying that the bit on the mass exodus of over 300 employees is false and inaccurate. In an official statement they released, Tecmo says that "No such action is taking place at the company." While they did admit to the two other employees who filed a lawsuit against them regarding the issue of withheld overtime, they said that the reports on the mass exodus, as well as those claiming that they withheld information from shareholders regarding the lawsuit filed by Itagaki are not true.

The need to clear the air became more apparent as the issue has caused "unrest" among their remaining staff. They are now therefore calling out to members of the U. S. media to "handle news reports concerning the above matters with care."

Here's an excerpt of Tecmo's released statement:

It is unfortunate that false and inaccurate reporting of our organization and employeesÂ’ actions have caused some unrest among our development staff members. Tecmo, LTD. would like to assure its partners and loyal fans that its teams continue to focus and work on several projects to be released and announced in the future. The company is committed to providing high quality, entertaining products for our fans around the world.


Your continued support of Tecmo, LTD. is appreciated and it is kindly asked that you handle news reports concerning the above matters with care.



 
 
 

Comments [refresh]

by LordQuas431 - 2008-06-18 17:26
» .

Here comes tons of Anti-Tecmo comments

by Binary - 2008-06-18 18:46
» .

*creeping sound"

by The Tjalian - 2008-06-19 02:02
» haha, oh man

Tecmo are in such a ***** storm right now it isn't even funny. Oh well, they reap what they sow.

by Rasb23 - 2008-06-19 03:03
» Team Ninja please live on!

I just hope Tomonobu Itagaki will get to keep the rights to DOA, so he can still produce it. If anyone else was in control of NG or DOA they'd just screw it up.

by trigger - 2008-06-19 11:33
» what next... oh lemme guess!

in other news... Tecmo: pulls out of ESA, not attending E3! LOLZ



but seriously tho i'm really interested in how Tecmo will deal with all this craziness and bad press they've been getting... quite a sticky situation they've gotten themselves in. hmmm...

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