NEW YORK AP – Video game publisher Take-Two Interactive Software Inc. said Wednesday it has agreed to pay a total of $3.3 million to settle investigations of its stock option granting practices.
New York-based Take-Two said the settlements are with the Securities and Exchange Commission and the New York District Attorney. The company is paying the $3 million civil penalty without admitting or denying the SEC’s allegations. The “Grand Theft Auto” publisher is also paying $300,000 to the district attorney, in part to reimburse costs related to the investigation and to review its corporate governance structure.
