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SEC Probe Expands Probe To Activision, THQ, Midway

As revealed Friday by Acclaim, the US Securities and Exchange Commission has launched a probe, and there are now at least three other companies under the microscrope besides Acclaim:
Activision, THQ and Midway. All four have received letters from the SEC requesting information. Reuters has reported that the investigation is focusing on accounting practices -- revenue recognition specifically. As a result, shares in all US game companies are down in trading today, between 5-10%.

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