Investors Sue Take-Two Over Grand Theft Auto Fallout

Law360, New York (February 17, 2006, 12:00 AM EST) -- Shareholders are joining the ranks of consumers and politicians who have blasted hidden pornographic scenes in the video game “Grand Theft Auto: San Andreas,” filing two class actions against the game maker for artificially inflating its stock prices and illegal insider trading.

The charges against controversial software publisher Take-Two Interactive Software, whose recent legal woes call into question whether sex really sells, were filed this week by Milberg Weiss Bershad & Schulman and Stull, Stull & Brody in a New York district court.

At issue in...
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