Sonic the Hedgehog co-creator Yuji Naka receives suspended prison sentence for insider trading

Yuji Naka likely won't face prison time over his insider trading. Tokyo judge Madoka Hiruta has given the Sonic the Hedgehog co-creator a suspended 2.5-year prison sentence, deferred for four years, as well as two fines worth the equivalent of $1.1 million and $14,000. Naka's actions hurt the "fairness and soundness" of the stock market while wounding investors' trust, Hirtua says. Naka pleaded guilty in March to violating Japan's Financial Instruments and Exchange Act. While working at Square E...