http://kotaku.com/5614577/rumor-lucasarts-cancels-force-unleashed-3-begins-culling-developers
So basically it looks like they're laying off a bunch of the team that developed TFU and restricting the Lucasarts IPs to in house.
That last part is kinda worrying since third parties have made what seems like the majority of good games for Lucasarts (like KOTOR, Battlefront, and Rogue Squadron) and TOR looks like it'll be the last game developed outside. I guess that means there's no more hope of a console Old Republic game from Bioware now but who knows maybe there'll be some good that comes from this and they can make a new Commando game or something but for the most part these changes seem to be for the worse imo