Federal Court Dismisses Former Take-Two Exec's $50 Million Lawsuit

February 10, 2009 -

In October GamePolitics broke the news that a former executive of Take-Two Interactive was suing the Grand Theft Auto publisher for $50 million.

The ex-T2 exec, Robert Alexander, claimed that former CEO Ryan Brant agreed to pay him $240,000 in annual salary with 20% annual raises, a $25,000 monthly expense allowance, 50,000 shares of T2 stock plus options and $.50 per game handled by Alexander's distribution company.

That was, of course, before the Securities and Exchange Commission and the Manhattan District Attorney's Office busted Brant for fraud.

In a strange turn of events, Alexander failed to respond to T2's November 10th motion to dismiss the case. Nor did the Nevada resident exercise his option to respond to the federal court's dismissal order, filed on December 10th.

Given the lack of response from the plaintiff, the case was officially dismissed on January 23rd.


Comments

Re: Federal Court Dismisses Former Take-Two Exec's $50 Million

Well I am not surprised.

"My ex-boss promised me that I would get paid like a king for doing jack-all, and all the benefits I could dream over. Yes, you are to trust my word over it. I am serious, quit laughing."

Well another one bites the dust...his case had no merit and he knew it. Maybe he was the mystery person that Jack said was his client that was a T2 insider way way back? XD

 
Forgot your password?
Username :
Password :

Poll

Which Feminist Frequency video are you looking forward to most?:

Shout box

You're not permitted to post shouts.
prh99Probably not unless you can prove they knew and did nothing. ianal01/30/2015 - 12:16pm
InfophileIs it possible to sue advertisers for breach of contract or something if they do that? Or sue the ad providers if they don't take reasonable measures to enforce their rules on advertisers?01/30/2015 - 12:06pm
prh99AdBlock fixes the problem :) Since these ad network do a terrible job at screening. With the recent exploits for Java and Flash, it's just a mess.01/30/2015 - 11:46am
Neo_DrKefkaHad my browser hijacked five times in a row well trying to view this site.01/30/2015 - 11:18am
Wonderkarpafter deep thought, I can live in a world with 2 Ghostbusters Franchises. Though I highly doubt the new film will top the original(And still wish it were a sequal), The new film's cast won me over hardcore.01/30/2015 - 10:43am
PHX Corphttp://www.tssznews.com/2015/01/30/former-sega-of-america-employees-voice-mistreatment-greed-racism/ there is alot of problems with sega but this is new01/30/2015 - 9:33am
Matthew WilsonI cant say anything though I am stupid lucky. I have a 75/75 line01/29/2015 - 11:27pm
Matthew Wilsonthat isnt awful 1.2MBs, but yeah 100bucks a month is over priced to all hell. ps 8mbs=1MBs01/29/2015 - 11:24pm
ZippyDSMleehttp://www.speedtest.net/my-result/410086446201/29/2015 - 9:12pm
ZippyDSMleeMatthew Wilson Dunlap, TN, its the only game in town and they only started in 08 or so.01/29/2015 - 9:12pm
MechaCrashThe explanation for the misanthropy of the character in Hatred comes from "we want to be super edgy and get those controversy dollars."01/29/2015 - 8:34pm
Andrew EisenI'm interested in giving it a try. I think it has some cool ideas but I haven't been "feeling it" when watching continuous gameplay.01/29/2015 - 8:04pm
Matthew Wilsonif you dont know, the code name STEAM demo is out, and it it downloading very slowly. It might be more popular that I thought, or it could just be the eshop.01/29/2015 - 8:02pm
Goth_SkunkPlayer/Playable Character, yes. As opposed to the NPC.01/29/2015 - 7:36pm
Andrew EisenOh, Player Character! Heh, that one took me a few moments!01/29/2015 - 7:29pm
Goth_SkunkIt really bothers me that there is no explanation for the PC's misanthropy. Even the Saw movie series, despite the level of violence in them, had a premise that fascinated me. The only thing about Hatred that fascinates me is the controversy.01/29/2015 - 7:27pm
Goth_SkunkI can't think of a time a game has made me simultaneously want to both buy it and not buy it. On the one hand, I find the premise disturbing and repulsive. On the other hand, I find the controversy fascinating and want to play it just to say I did.01/29/2015 - 7:25pm
Andrew EisenTrailer for new Van Damme movie, Pound of Flesh. "They just stole the wrong man's kidney!" http://vimeo.com/11808880501/29/2015 - 7:24pm
Andrew EisenNew Hatred trailer. Destructible environments, vehicles, light buildings and people on fire! http://www.gametrailers.com/videos/7bzwzs/hatred-devastation-gameplay-trailer01/29/2015 - 7:12pm
Goth_Skunk@WonderKarp: And that's why I don't read or watch mainstream news.01/29/2015 - 5:06pm
 

Be Heard - Contact Your Politician