Video game publisher THQ Inc. became the latest San Fernando Valley business turning over documentation to federal authorities on its stock option practices. The Agoura Hills-based THQ joins semiconductor manufacturers Semtech, Inc. and Vitesse Semiconductor Corp. and restaurant chain The Cheesecake Factory as a target of an inquiry by the U.S. Securities and Exchange Commission. THQ with the assistance of outside counsel was already reviewing its stock option grant practices prior to receiving on Monday the request for documentation from the SEC, a release from the company said. The company’s audit committee, comprised of independent directors of the board, intends to retain independent counsel to continue the company’s internal review and oversee the company’s response to the SEC, the release said. THQ is a worldwide developer and publisher of interactive entertainment software.
