Take-Two Interactive will shuffle $20 million out the door to make its "hot coffee" headaches go away. The game publisher said Wednesday it has settled a longstanding class-action shareholder lawsuit over an infamous sex scene squirreled away in the code of Grand Theft Auto: San Andres. Take-Two will stuff $20,115,000 into a …
Why does nobody find out the details?
Probably because it's more fun discussing it with the knee jerk minimal facts. :-P
But seriously though, despite everyone getting all heated up about peoples morals and the prudishness of various slices of modern society, the details of this event are much more banal. This class action isn't about the fact that the scenes were in there but that the directors of Take Two knew they were in there but due to financial problems and wanting to get sales rolling they pushed for the release with it hidden hoping that no one would find it. That part comes under the engaging in false advertising and damaging company reputation bits. Then when the truth came out they lied about not knowing about it and tried to blame it on first malicious hackers then on the Rockstar developers. Meanwhile they were inside trading on their own stock the whole time and making extra money. Plus they added in issues with stock options being inappropriately valued to the advantage of the directors.
Both versions are fun, just to different people.
Mine's the one with the stock options in the pocket??
- Analysis iPhone 6: The final straw for Android makers eaten alive by the data parasite?
- First Crack Man buys iPHONE 6 and DROPS IT to SMASH on PURPOSE
- First Fondle Reg journo battles Sydney iPHONE queue, FONDLES BIG 'UN
- TOR users become FBI's No.1 hacking target after legal power grab
- Analysis Why Oracle CEO Larry Ellison had to go ... Except he hasn't