Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, August 9, 2007

Take-Two's Former GC Sentenced in Backdating Scandal

Kenneth Selterman, former general counsel at Take-Two Interactive Software, was sentenced to three years probation for his role in the backdating stock options scandal at that company.  He previously admitted that he provided false information to Nasdaq about employee stock options.  NYTimes, Former Take-Two Official Is Sentenced in Backdating Case

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