GameShark | PlayStation 2 | News | Ryan Brant, SEC Settle

Ryan Brant, SEC Settle

According to published reports today, former Take-Two Interactive CEO Ryan Brant has agreed to pay $6.3 million to settle civil charges that he facilitated his and others' personal profits by granting undisclosed stock options. Brant agreed to the settlement without admitting or denying the charges and agreed to pay $4.12 million in disgorgement, $1.14 million in prejudgment interest, and a $1 million civil penalty. Brant also entered a guilty plea for criminal charges related to the case.

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