Tag Archives: bankruptcy

RGN Business Podcast Pt 2 – Over 200 Stores Closing This Month; Is Gamestop Going Broke?

Over 200 Gamestop locations being closing this month, Gamestop is about to lose a fraud lawsuit, a lot of pre-orders have been killed off, and just what exactly is going on behind the scenes with the whole DRM versus used games scandal? Find out in this afternoon’s RGN Business Podcast part 2 featuring stories sourced off of Forbes amongst others.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Wilson S on 20130810 and was last modified on 20130810 .

Gamestop May See It’s End Sooner Than Later; Motion to Dismiss Fraud Case Denied

Gamestop Bankruptcy Imminent As Used Games Legality Questioned

The United States District Judge Robert Kugler has denied a motion for dismissal has been denied in a growing class action lawsuit that Gamestop is facing in a New Jersey court for violating the Consumer Fraud Act through false advertising and the omission of certain facts. In court, the plaintiffs of this case have displayed that buying used games and then the DLC (online pass most likely) which was not included would actually cost more than just buying the game brand new for $60.

The fact that this type of transaction is advertised as being a discount is where the fraud part comes in to play. If Gamestop fails to defend themselves in this lawsuit it may end up setting a precedence for more class action lawsuits from similar customers who have been swindled by the company’s greed-driven misleading of faithful customers to the last surviving brick and mortar game franchise. This is an ongoing case, so all of this is “alleged”. Good luck Gamestop, this is the beginning of the end.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Mitch Walters on 20130810 and was last modified on 20130810 .

Etrian Odyssey Untold: The Millenium Girl Gets Another New Trailer Amidst Atlus Money Problems

Although the parent company to Atlus (Index Holdings) is up for auction right now, with high-profile bidders including companies like SEGA, Etrian Odyssey Untold: The Millenium Girl looks like it might actually launch according to schedule the same way that Dragon’s Crown did. This Nintendo 3DS exclusive role playing game is an entry to the long-running Etrian Odyssey franchise which has been on Nintendo handhelds for years now.

You can grab yourself a copy either on physical media or at the Nintendo eShop on October 1, 2013 in North America once it’s been localized completely and released (as long as things don’t change for this project pending a major buyout and/or bankruptcy of Index Holdings). The game is already available in Japan now. Below is the latest trailer for the title by Atlus with soundtrack composed by Yuzo Koshiro.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130809 and was last modified on 20130809 .