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Apr 5, 2007, 08:46 AM
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DH SuperMod
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Take-Two Under Formal SEC Investigation
Source: Gamasutra
___________ A U.S. Securities and Exchange Commission (SEC) filing from Rockstar Games owner Take-Two Interactive has revealed that the company is now under formal investigation by the commission after concerns over stock options grant practices. The company was the subject of an informal, non-public, investigation into allegations of back-dating stock option grants last year, while a separate internal investigation by Take-Two also found evidence of improprieties.
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