PSP News: Take-Two Under Investigation - PSP News

Members Login: Register | Why sign up? | Forgot Password?

Take-Two Under Investigation

Take-Two Interactive hasn't had a whole lot of good news to report lately, and things aren't getting any better. The company today announced that it has received notice from the Securities and Exchange Commission (SEC) that it is conducting an informal non-public investigation into certain stock option grants made by the Company from January 1997 to the present.

Prior to receiving the notice, Take-Two conducted an internal review of the company's option grants, using a committee of independent board members and accountants to assist in the review. Take-Two's statement said that they intend to respond to the SEC's information request and to fully cooperate in the informal investigation.

7/10/2006 Aaron Thomas

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

New Comment System

Legacy Comment System (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results