THQ Inc. said Wednesday that the U.S. Securities and Exchange Commission will not recommend any action against the video-game publisher related to its stock options probe.

The Agoura Hills-based videogame developer said the SEC’s investigation into the company’s practices of granting stock options has been completed and no wrongdoing was found on the part of the company.

This comes after the videogame developer said in January of 2007 that it found, through an internal investigation, that it improperly backdated stock options to executives, resulting in $11 million in charges. The company also did not admit any wrongdoing.

In November, THQ’s Chief Financial Officer Edward Zinser resigned. THQ gave no specifics as to his resignation but did say that it had nothing to do with the financial health of the company.

Shares in THQ were up 1.1 percent to $19.23 in early trading Wednesday on the Nasdaq.