Video Game Law Blog

September 01, 2006

Take-Two should be celebrating last quarter's jump in its net revenue to $240 million. Instead, Take-Two is reported to have announced the delay of its final earnings report due to an internal investigation into its granting of stock options. Moreover, the company is also said to have disclosed having received additional grand jury subpoenas issued by the District Attorney of the County of New York 'requesting documents…regarding stock options and other equity-based compensation."

coverage at http://shorl.com/degrovimubregre (Gamespot)