RuneScape devleoper Jagex has been bought by a private equity firm

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Although a lawsuit contests the sale

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Plutos Sama Holdings, another private equity firm, has filed a complaint in the US Disctict Court of California against Jagex and Shanghai Hongtou Network Technology (SHNT). The suit alleges that the 2020 sale of Jagex from SHNT to Macarthur was unlawful, and that Plutos Sama has won auctions to purchase a majority stake in SHNT. It also alleges that SHNT majority shareholder Yan Jinggang bribed shareholders to block the sale of the company to Plutos Sama.

A Jagex spokesperson told GI.biz that, “The allegations are meritless in all respects, and we will deal with the situation accordingly.”

RuneScape, meanwhile, seems to go from strength to strength. The 20-year-old MMO launched on Steam last year, continued to break its own membership records as recently as 2019, and achieved new peak concurrent player numbers in 2020 for spin-offOld School RuneScape, which is based on the 2007 version of the game.