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Majesco controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2006

    Trinad Capital mismanagement lawsuit

    Trinad Capital Master Fund sued Majesco, alleging mismanagement. The dispute was settled in 2007.

  2. 2005

    Shareholder class-action allegations

    Shareholders alleged that Majesco shipped products to retailers while knowing that the products would be returned, in an effort to inflate revenue projections and support the stock price. The supplied reference material identifies the lawsuit but does not provide a complete account of its disposition.

  3. 2003

    Dispute over the cancellation of Black 9

    Former employees of developer Taldren accused Majesco of delaying milestone payments and using developer assistance to obtain control of Black 9's source code and intellectual property before the developer was forced to close. The allegations were reported as part of the controversy surrounding the unfinished game.