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SEC Launches Take-Two Investigation

Posted by ryuzaki0 on from the hey-don't-belittle-paste dept.

crecente writes "Take-Two, already the subject of a Grand Jury inquiry, is now being 'informally investigated' by the Securities and Exchange Commission. This latest investigation looks at stock option grants made by the company from Jan. 1997 to the present. Just how many investigations can a publically traded company handle before their stock turns to worthless paste?"

4 of 73 comments (clear)

  1. Informal, eh? by tygerstripes · · Score: 5, Funny

    "It's okay folks, this is just an informal investigation (tm) so just, you know... go about your usual illegal activities, or whatever. Just pretend I'm not here."

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    Meta will eat itself
  2. Does anyone have more info? by 192939495969798999 · · Score: 5, Funny

    The "article" doesn't say hardly anything about what the news is. Does anyone have a link with some details, like what kinda stock-granting issues are alleged? I initially felt bad for doodling on my Take-Two stock certificates, but they're probably worth more as artwork now...

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  3. how many? by revlayle · · Score: 3, Funny

    "Just how many investigations can a publically trade company handle before their stock turns to worthless paste?"

    One... two... *CRASH* three

    It's three

  4. Grand Jury Inquiry by Mr.+Underbridge · · Score: 3, Funny

    Is that the name of their new game? Do I get to play a lawyer?