Yes, I saw this over at GAF. Sue me.
Basically, after today's announcement that ex-Disgaea team members are working with Idea Factory to make a new Vita RPG:
Someone dug up an old 2ch post about a mass-staff-exodus at NIS:
"Mr.Y (Masahiro Yamamoto) who was in charge of D (Disgaea) and KP (KamiPara), along with almost all the development staff including the main programmer have resigned. The Executive Mr.K and the North American Corporate Head Mr.A, along with their subordinates have also left the company. The above mentioned are making something similar for Company I (Idea Factory).
Mr.K who worked on the D (Disgaea) spinoff D2 has also left the company with a subordinate who was working on the recently announced project A (Arcadias). They have joined Company M.
About half of the development team currently developing a game for the eternal next game protagonist A (Asagi) have also left the company. The project is at a stand still."
This seems to slot in perfectly with the news about the new Idea Factory game, so there may be an element of truth to it.
You can read more stuff about it here: http://www.neogaf.com/forum/showthread.php?t=688013
I just thought it was interesting/disappointing. I've not played a great number of NIS' games, but the ones I have played were pretty good. I wonder how this will affect their operations in the USA, too.