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Former Acclaim Execs Sued By Trustee

Though Acclaim was dissolved after going bankrupt roughly one year ago, its founders are still dealing with the fallout over the company's closing. Greg Fischbach and Jam...

Nich Maragos

August 31, 2005

1 Min Read

Though Acclaim was dissolved after going bankrupt roughly one year ago, its founders are still dealing with the fallout over the company's closing. Greg Fischbach and James Scoroposki, co-founders of Acclaim, have been hit with a suit by one of the trustees of the liquidated assets over mismanagement and wasteful practices. Most of the charges in the $150 million lawsuit deal with alleged methods of using companies related in some way to either Fischbach or Scoroposki for contracting, and paying the contractors unnecessary amounts. Acclaim's marketing firms, for example, were owned by Scoroposki, and the company's law firm counted as one of its partners Fischbach's brother. The trustee also complained that nearly $800,000 worth of art that once hung in the offices, which presently has an even higher market value, was missing from the offices when the trustee came to take stock of the building. Hooks where the art may have once hung were still on the walls, empty of any contents. Fischbach and Scoroposki did not comment on the suit.

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Nich Maragos

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Nich Maragos is a news contributor on Gamasutra.com.

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