Take-Two sues former executives in stock backdating lawsuit

Take-Two, the US-based games publisher, can proceed with a lawsuit against some of its former key executives regarding alleged illegally backdated stock options, following a Manhattan federal judgment yesterday. Reuters reports that former Chief Executives Ryan Brant and Kelly Sumner and former Chief Financial Officers Larry Muller and James David will now have to defend claims… Continue reading Take-Two sues former executives in stock backdating lawsuit