GTA Guys Get Grand Jury Subpoenas
Jun 27 2006, 2:00am CDT | by Luigi Lugmayr
Late on Monday, Take-Two, the company behind the infamous Grand Theft Auto series, let the public know that they had been subpoenaed, big time. The Manhattan grand jury has launched a probe into multiple facets of the company, most notably the "Hot Coffee" mod, which some have referred to as the biggest scandal in the history of digital entertainment.
Take-Two reportedly received the subpoenas on June 19 and it calls for internal documents from the company for events dating back as far as 2001. Also under fire is their accounting and audit practices, and their honesty (or lack thereof) with shareholders.Take-Two has been in the spotlight a lot recently, especially during a federal investigation of the ESRB practices. This grand jury trial is just the latest in the seemingly endless list of legal actions brought on mainly by the seemingly inaccessible "AO" rated content in Grand Theft Auto: San Andreas.
Take-Two still pleads that on virtually all the charges brought forth, they are completely innocent. Something tells me the New York grand jury will find differently. Resulting from the news about the grand jury investigation, shares of Take-Two stock went down nearly 20%.
Full story
Report Published by: Mark Raby
where to buy
What Others Say about This
Arteris President and CEO K. Charles Janac Named Finalist of the Prestigious UBM Electronics ACE Awards in the Innovator of the Year Category
SUNNYVALE, CA--(Marketwire - Feb 14, 2012) - Arteris Inc., the inventor and leading supplier of network-on-chip (NoC) interconnect IP solutions, today announced it has been named a finalist in the EE Times and EDN 2012 UBM Electronics ACE Awards in the I ...
Full article at: MarketWire
More like this 26 minutes ago
Woman gets prison for embezzling $250,000 from Concord Pet
Diane Jump's daily regimen of cervical cancer medication includes packing a small pipe with...- 1:13 am Pentagon budget includes money for construction in Dover, Bethany Beach- 6:26 am School changes approach to sports competition- 1:25 am NEWARK -- It's ...
Full article at: The Delaware News Journal
More like this 30 minutes ago
The Rainmaker Group to Lead Revenue Management Session at Crittenden...
Participation from industry leaders like Rainmaker, Gables, Archstone and ConAm ensures we deliver the greatest educational value for our conference attendees. The Rainmaker Group, the leading provider of revenue management and profit optimization soluti ...
Full article at: PRWeb
More like this 30 minutes ago
Don't miss ...
Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
blog comments powered by Disqus Comments
Latest stories
The PS Vita will ship a week early in the PS Vita First Edition Bundle.
The Sports Illustrated Swimsuit Edition is not just a print magazine, but comes with huge video and photo online extravaganza featuring the most beautiful women in bikinis at the most beautiful spots on this planet. New this year is also an iPhone and iPad app.
Apple is supposed to test a smaller iPad with a screen size around 8-inch. The current iPad has a screen size of 9.7-inch.
Japanese scientists develop robots that mimics the controller's movements, just like boxing robot in Real Steel with Hugh Jackman.
- Visit our Homepage for the Latest Rumors, News and Shopping Tips
Featured hubs
I4U: Follow the Gadget Life Cycle
I4U News covers the complete life of a gadget starting with rumors. Some rumors turn out to be true and become news and gadget reviews become interesting. Then a gadget goes on sale. Now it is all about shopping and deals.