Companies Mentioned
Take Two Interactive Software, Inc.
Category
Title
Summary
Date
Summaries
Securities Law
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New Settlements and Verdicts
According to the SEC, Take-Two defrauded investors by granting backdated, undisclosed “in the money” stock options to officers, directors, and key employees while failing to record required non-cash charges for option-related compensation expenses. See http://www.sec.gov/litigation/litreleases/2009/lr20982.htm. Specifically, the SEC’s complaint alleged that on over 100 occasions from 1997 through September 2003,…
Date of ruling:
04/6/2009
Summaries
Trademark Law
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New Judicial Opinions
The issue in this case is whether a producer of a video game in the “Grand Theft Auto” series has a defense under the First Amendment against a claim of trademark infringement. Opinion, p. 15146. Rockstar Games, Inc. (“Rockstar”), a wholly owned subsidiary of Take-Two Interactive Software, Inc., manufactures and…
Date of ruling:
11/5/2008
Commentaries
Trademark Law
In E.S.S. Entertainment 2000, Inc. v. Rock Star Videos, Inc., 547 F.3d 1095 (9th Cir. 2008), the 9th Circuit U.S. Court of Appeals confirmed that when trademark rights clash with the First Amendment, the First Amendment usually wins – at least in cases involving artistic or creative endeavors. The court…
Posted:
01/6/2009