Former Starbreeze executive’s insider trading conviction was dropped on appeal

Sebastian Ahlskog is the former CFO of Starbreeze, a Swedish studio that may be known for the Payday series. He was convicted of insider trading in February 2020 Guilt: The conviction has now been dropped on appeal (According to GamesIndustry.biz).

The initial conviction was made after an investigation into Ahlskog’s sale of his shares in Starbreeze in November 2018. This is one month after he left the company, when the company was in serious financial trouble and a major company reorganization was about to begin. The structure was publicly announced in December 2018. Ahlskog sold his stock for 700,000 Swedish kronor (approximately 60,000 pounds or 81,000 US dollars), which shows why the Swedish Economic Crime Administration considers the timing to be quite suspicious.