'Madden NFL' Co-Creator Sues Securities Regulators

Law360, New York (July 25, 2013, 2:15 PM EDT) -- The co-creator of the Sega “Madden NFL” video game on Wednesday hit federal regulators, including the U.S. Securities Exchange Commission, with a lawsuit in Hawaii federal court, claiming the agencies helped cover up a brokerage firm's short selling scheme in the developer's Christian video game business.

Troy Lyndon, Madden co-developer turned Christian-game creator, blasted the Financial Industry Regulatory Authority, the SEC and the Depository, Trust & Clearing Corp. for allegedly helping Newbridge Securities Corp. hide its naked short position in his company, Left Behind Games, according...
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