July 18, 2012
After an initial investigation into whether or not THQ misled its investors about the demand for its uDraw tablet - and a subsequent lawsuit - shareholders have filed another lawsuit against the beleaguered publisher, reports GamesIndustry. The class action suit has been filed in the United States District Court for the Central District of California by New York law firm Levi & Korsinsky on behalf of THQ shareholders. The complaint alleging that THQ "misrepresented or failed to disclose" that the Xbox 360 and PlayStation 3 versions of uDraw were not selling and, thus, THQ "lacked a reasonable basis for their positive statements" about its current condition.As GI points out, this is the second such lawsuit that THQ has faced in as many months. Shareholders wishing to join the suit may do so by filling out a form on the Levi & Korsinsky website.