Take-Two Discloses Shareholder Suit

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Take-Two Interactive disclosed to the SEC that a complaint was filed by shareholder Richard Lasky earlier this month in the Southern District Court of New York.
The complaint alleges that Take-Two executives are guilty of fraud and that they sold company stock while in possession of material, non-public information. Don't be too surprised – these sorts of complaints are commonly filed by disgruntled shareholders.

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This page contains a single entry by Editor published on July 24, 2006 11:55 PM.

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