A former general counsel of a New York-based manufacturer of video games was suspended from the practice of law for three years last week by an appeals court for covering his boss’ tracks in backdating stock options.
A hearing panel convened by the disciplinary committee of the Appellate Division, First Department, had recommended a suspension of only one year for Kenneth Selterman, who served from 1999 to 2007 as general counsel of Take-Two Interactive Software, the maker of the popular “Grand Theft Auto” series.
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