We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Former Take Two CEO Backdated Options

Law360 (January 22, 2007, 12:00 AM EST) -- Software publisher Take Two Interactive Software Inc. has revealed that its founder and former chief executive Ryan Brant was largely responsible for the improper stock options backdating that has forced the company to restate a decade’s worth of financial results.

The beleaguered game maker – most widely known for its controversial “Grand Theft Auto” series – said in a filing with the U.S. Securities and Exchange Commission on Jan. 17 that an internal investigation found that Brant backdated a “significant number of option grants” between April...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.