Skip to main content
GamesRadar+ GamesRadar+
US EditionUS CA EditionCanada UK EditionUK AU EditionAustralia
Sign in
  • View Profile
  • Sign out
  • Games
    • Game Insights
      • Games News
      • Games Features
      • Games Reviews
      • Games Guides
      • Big in 2026
      • The Big Preview
      • On The Radar
      • Indie Spotlight
      • Future Games Show
      • Golden Joystick Awards
    • Genres
      • Action Games
      • RPGs
      • Action RPGs
      • Adventure Games
      • Third Person Shooters
      • FPS Games
    • Platforms
      • PS5
      • Xbox Series X
      • PC
      • Nintendo Switch
      • Nintendo Switch 2
      • Tabletop Gaming
    • Franchises
      • Grand Theft Auto
      • Pokemon
      • Assassin's Creed
      • Monster Hunter
      • Fortnite
      • Cyberpunk
      • Red Dead
      • The Elder Scrolls
      • The Sims
  • Entertainment
    • TV Shows
      • TV News
      • TV Reviews
      • Anime Shows
      • Sci-Fi Shows
      • Superhero Shows
      • Animated Shows
      • Marvel TV Shows
      • Star Wars TV Shows
      • DC TV Shows
    • Movies
      • Movie News
      • Movie Reviews
      • Big Screen Spotlight
      • Superhero Movies
      • Action Movies
      • Anime Movies
      • Sci-Fi Movies
      • Horror Movies
      • Marvel Movies
      • DC Movies
    • Streaming
      • Apple TV Plus
      • Disney Plus
      • Netflix
      • HBO
      • Amazon Prime Video
      • Hulu
    • Comics
      • Marvel Comics
      • DC Comics
    • Toys & Collectibles
    • Lego
    • Dungeons and Dragons
    • Merch
  • Hardware
    • Insights
      • Hardware News
      • Hardware Reviews
      • Hardware Features
    • Computing
      • Desktop PCs
      • Laptops
      • Handhelds
    • Peripherals
      • Headsets & Headphones
      • TVs & Monitors
      • Gaming Mice
      • Gaming Keyboards
      • Gaming Chairs
      • Speakers & Audio
    • Accessories & Tech
      • Gaming Controllers
      • Tech
      • SSDs & Hard Drives
      • VR
      • Accessories
      • Retro
  • Deals
    • Game Deals
    • Tech Deals
    • TV Deals
    • Buying Guides
  • Video
  • Newsletters
    • Quizzes
    • About Us
    • How to pitch to us
    • How we score
    • Newsarama
    • Retro Gamer
    • Total Film
  • home
  • Games
    • View Games
      • Games News
      • Games Features
      • Games Reviews
      • Games Guides
      • Big in 2026
      • The Big Preview
      • On The Radar
      • Indie Spotlight
      • Future Games Show
      • Golden Joystick Awards
      • Action Games
      • RPGs
      • Action RPGs
      • Adventure Games
      • Third Person Shooters
      • FPS Games
    • Platforms
      • View Platforms
      • PS5
      • Xbox Series X
      • PC
      • Nintendo Switch
      • Nintendo Switch 2
      • Tabletop Gaming
      • Grand Theft Auto
      • Pokemon
      • Assassin's Creed
      • Monster Hunter
      • Fortnite
      • Cyberpunk
      • Red Dead
      • The Elder Scrolls
      • The Sims
  • Entertainment
    • View Entertainment
    • TV Shows
      • View TV Shows
      • TV News
      • TV Reviews
      • Anime Shows
      • Sci-Fi Shows
      • Superhero Shows
      • Animated Shows
      • Marvel TV Shows
      • Star Wars TV Shows
      • DC TV Shows
    • Movies
      • View Movies
      • Movie News
      • Movie Reviews
      • Big Screen Spotlight
      • Superhero Movies
      • Action Movies
      • Anime Movies
      • Sci-Fi Movies
      • Horror Movies
      • Marvel Movies
      • DC Movies
    • Streaming
      • View Streaming
      • Apple TV Plus
      • Disney Plus
      • Netflix
      • HBO
      • Amazon Prime Video
      • Hulu
    • Comics
      • View Comics
      • Marvel Comics
      • DC Comics
    • Toys & Collectibles
    • Lego
    • Dungeons and Dragons
    • Merch
  • Hardware
    • View Hardware
      • Hardware News
      • Hardware Reviews
      • Hardware Features
      • Desktop PCs
      • Laptops
      • Handhelds
    • Peripherals
      • View Peripherals
      • Headsets & Headphones
      • TVs & Monitors
      • Gaming Mice
      • Gaming Keyboards
      • Gaming Chairs
      • Speakers & Audio
      • Gaming Controllers
      • Tech
      • SSDs & Hard Drives
      • VR
      • Accessories
      • Retro
  • Deals
    • View Deals
    • Game Deals
    • Tech Deals
    • TV Deals
    • Buying Guides
  • Video
  • Newsletters
    • Quizzes
    • About Us
    • How to pitch to us
    • How we score
    • Newsarama
    • Retro Gamer
    • Total Film
Trending
  • Pokemon Winds and Waves
  • New Games for 2026
  • GamesRadar+ Replay
  • Mario Day deals
Don't miss these
Don Lee on the phone in a dimly lit bar in the debut trailer for Gang of Dragon.
Yakuza Like A Dragon Marvel Rivals publisher reportedly cuts funding for Yakuza co-creator's studio 3 months after debuting its first game
Mass Effect
Mass Effect "F***ing Colonel Shepard dies in Mass Effect 3, and that makes us the Worst Company in America," former EA exec laments
Assassin's Creed Unity screenshot of protagonist Arno
Assassin's Creed Ubisoft fires 13-year Assassin's Creed veteran after suspending him for speaking out against return-to-office mandate
Key art for Highguard showing Kai riding a bear, Atticus with the Shieldbreaker, and Scarlet, crouched, aiming down sights
FPS Games Ex Highguard developers blame "hubris" for the game's failure in new report
Arc Raiders
Third Person Shooters "A lot of games would be canceled": Arc Raiders lead recalls cutting all but 25 people in "desperation"
FPS Games Overwatch co-creator says he left Blizzard after an exec threatened to lay off 1000 devs based on the game's performance
Highguard character in leather armor holding a rifle
FPS Games Highguard lead says "everyone has their thoughts on why the game failed to find an audience," but "many are way off"
An orc from World of Warcraft roars at the screen
MMO Games Blizzard's canceled WoW follow-up was a "1 server, 1 world" MMO with GTA and Animal Crossing influences, ex dev says
A crop of the MindsEye key art for a review header
Action Games "Overwhelming evidence of organized espionage": MindsEye CEO blames launch on "corporate sabotage" amid more layoffs
Runescape
MMO Games Jagex is killing RuneScape's awful microtransaction shop because it wants to be "a safe haven" for players
Highguard character in purple and black armor
FPS Games "There's no way this will flop": Laid-off Highguard dev says internal sentiment was high "but then the trailer came out"
Open World Games Assassin's Creed 4: Black Flag director's studio reportedly shut down by Tencent without releasing a single game
Arc Raiders cover art with three raiders
Third Person Shooters Arc Raiders boss can tell anti-cheat efforts are working since there's "an influx of people trying to get to the studio"
Load screen artwork for Atticus in Highguard, leaping in front of clouds with a charged lightning spear
FPS Games Games like Highguard are just "gambling by investors" who "know ahead of time a flop is likely," says indie legend
Starlight Re:Volver
Action RPGs Still in Early Access, anime RPG from ex Capcom and Riot devs with $17m investment dies after "mixed initial reviews"
  1. Games
  2. RPG

Funcom ex-CEO under investigation for insider trading

News
By Andrew Groen published 14 September 2012

Taking the fun out of Funcom

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

  • Facebook
  • X
  • Pinterest
  • Flipboard
  • Email
Share this article
Join the conversation
Follow us
Add us as a preferred source on Google
Get the GamesRadar+ Newsletter

Weekly digests, tales from the communities you love, and more


By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.

You are now subscribed

Your newsletter sign-up was successful


Want to add more newsletters?

GamesRadar+

Every Friday

GamesRadar+

Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them.

GTA 6 O'clock

Every Thursday

GTA 6 O'clock

Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts.

Knowledge

Every Friday

Knowledge

From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon.

The Setup

Every Thursday

The Setup

Hardware nerds unite, sign up to our free tech newsletter for a weekly digest of the hottest new tech, the latest gadgets on the test bench, and much more.

Switch 2 Spotlight

Every Wednesday

Switch 2 Spotlight

Sign up to our new Switch 2 newsletter, where we bring you the latest talking points on Nintendo's new console each week, bring you up to date on the news, and recommend what games to play.

The Watchlist

Every Saturday

The Watchlist

Subscribe for a weekly digest of the movie and TV news that matters, direct to your inbox. From first-look trailers, interviews, reviews and explainers, we've got you covered.

SFX

Once a month

SFX

Get sneak previews, exclusive competitions and details of special events each month!


An account already exists for this email address, please log in.
Subscribe to our newsletter

The day before Funcom's latest MMORPG, The Secret World, launched, their CEO stepped down. At the time, many people took it as a sign that the MMO was going to struggle, but few saw it as something illegal.

Today however, the ex-CEO Trond Aas is being investigated for potentially violating insider trading laws. At the crux of the issue is that fact that Aas stepped down from CEO into a position as a stategic advisor, which allowed him to sell off his 1.5 million Funcom shares while they were still highly valued. He ended up selling 650,000 of those, which would have been worth millions of dollars at the time they were sold.

Today, the shares are of much lower value (roughly 15% of what they used to be) and Aas is essentially charged with being the Captain of a ship who realized it was sinking, but chose to sail away on a lifeboat quietly rather than alert passengers. These remain just allegations though, as there has been no formal charges or verdict.

You may like
  • MindsEye character holding arms out "It would've been impossible to make a good game": MindsEye CEO and Rockstar vet blamed for impossible design demands
  • A screenshot of a character in a cinematic Ashes of Creation trailer. MMO Ashes of Creation hit with "mass" layoffs after studio founder resigns "in protest"
  • A crop of the MindsEye key art for a review header "Overwhelming evidence of organized espionage": MindsEye CEO blames launch on "corporate sabotage" amid more layoffs

Funcom maintains that the timing of Aas' departure was merely because he wanted to stay on as CEO until the game launched. “Trond is staying with the company in a different role, so it’s not like anyone was fired or demoted. It has absolutely nothing to do with The Secret World, although Trond was an active participant in all discussions regarding the game before launch and played an instrumental role in ensuring that we shipped a great game on time.”

Sign up to the GamesRadar+ Newsletter

Weekly digests, tales from the communities you love, and more

By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.
CATEGORIES
PC Gaming Platforms
PRODUCTS
The Secret World The Secret World
Andrew Groen
Andrew Groen
Social Links Navigation

Andrew is a freelance video game journalist, writing for sites like Wired and GamesRadar. Andrew has also written a book called EMPIRES OF EVE: A History of the Great Wars of EVE Online.

Read more
MindsEye character holding arms out
"It would've been impossible to make a good game": MindsEye CEO and Rockstar vet blamed for impossible design demands
 
 
A screenshot of a character in a cinematic Ashes of Creation trailer.
MMO Ashes of Creation hit with "mass" layoffs after studio founder resigns "in protest"
 
 
A crop of the MindsEye key art for a review header
"Overwhelming evidence of organized espionage": MindsEye CEO blames launch on "corporate sabotage" amid more layoffs
 
 
No Rest for the Wicked
No Rest for the Wicked lead blasts "irreparable damage" to Diablo under ex-Blizzard boss, who says "chill"
 
 
Ashes of Creation cinematic trailer screenshot shows a character looking at a tall statue.
Steam is giving some players refunds for Ashes of Creation after leadership resignation and mass layoffs
 
 
Key art for Highguard showing Kai riding a bear, Atticus with the Shieldbreaker, and Scarlet, crouched, aiming down sights
Ex Highguard developers blame "hubris" for the game's failure in new report
 
 
Latest in RPG
The Adventures of Elliot
Oh, the Octopath Traveler creators' new action RPG is "filled with cats," and suddenly it's the only game I care about
 
 
Key art for Solasta 2.
"We're 2 different beasts": Studio behind CRPG Solasta 2 bought their team copies of Baldur's Gate 3 and they "love" it
 
 
A man looking straight ahead during one of the best Xbox Series X games, Clair Obscur: Expedition 33
Clair Obscur: Expedition 33 studio withdraws legal action against graphic novel that shares the RPG's name
 
 
Two characters standing on a glowing battlefield during Clair Obscur: Expedition 33
"Parrying was not easy": Clair Obscur devs had to turn to sound to fix an integral part of the J'RPG's combat
 
 
Mass Effect
"F***ing Colonel Shepard dies in Mass Effect 3, and that makes us the Worst Company in America," former EA exec laments
 
 
Fallout 1 power armor helmet
D&D's most annoying rule helped Fallout co-creator get big break at legendary RPG studio
 
 
Latest in News
Dead by Daylight
10 years later, one of the only live-service horror games still standing learned how to win the "hellish" attention war
 
 
Frankie Muniz, Jane Kaczmarek, and Bryan Cranston in Malcom in the Middle: Life's Still Unfair
New trailer for Hulu's Malcolm in the Middle revival proves life is still unfair
 
 
Peak screenshot
Dev behind the hottest friendslop game of 2025 has no problem with the divisive term and says it "all the time"
 
 
Aaron Pierre as John Stewart in Lanterns
Green Lantern John Stewart is joining the cast of Man of Tomorrow as Aaron Pierre signs on for the Superman sequel
 
 
Alyssa Ashcroft leads the way to escape in Resident Evil Requiem's Grace flashback
Resident Evil Requiem gets kawaii makeover to appease RE2 director, who's been begging for a scare-free game since 1998
 
 
An orc from World of Warcraft roars at the screen
"Typical hubris" led to one of WoW's "s**ttiest" quests, admits creator Jeff Kaplan
 
 
LATEST ARTICLES
  1. Ex Sanguis screenshot and future games show 2026 spring showcase logo
    1
    After launching a Steam demo in February, turn-based strategy game Ex Sanguis will launch into early access in May
  2. 2
    Master weapon manufacturing and logistics in WW2 strategy game Firearms Factory, coming to Steam Early Access this year
  3. 3
    Ride the rails and try not to freeze to death in this nail-biting new trailer for survival train-driving sim EverRail
  4. 4
    Anomaly President campaigns for an August release date in this new FGS Live From GDC trailer
  5. 5
    Everything announced at the Future Games Show Spring Showcase 2026

GamesRadar+ is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site.

Add as a preferred source on Google Add as a preferred source on Google
  • Terms and conditions
  • Contact Future's experts
  • Privacy policy
  • Cookies policy
  • Accessibility statement
  • Careers
  • About us
  • Advertise with us
  • Review guidelines
  • Write for us
  • Accessibility Statement

© Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.

Please login or signup to comment

Please wait...