Former Take-Two CEO Brant Pleads Guilty To Stock Backdating

Following the recent findings of major game publisher Take-Two's stock option investigation, former chairman and CEO Ryan Brant has pled guilty to filing false information in a court case, as part of his role in a stock-option backdating scheme.

"I am deeply sorry for my role in the inappropriate matter," offered Brant in a statement. "I accept responsibility for my actions and apologize to the company's shareholders."

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