New York - Two former executives with video game publisher Take-Two Interactive pleaded guilty this week on charges connected to a stock options backdating scandal that has already seen the conviction of former chief executive Ryan A. Brant, The New York Times reported.

Prosecutors told the Times that former Take-Two chief accounting officer Patti Tay, and former general counsel Kenneth Selterman, have pleaded guilty to falsifying business records in connection with the "backdating" scandal, in which management changed the date on which stock options were granted in order to increase their value for employees.

Take-Two recently replaced most of its board and management team, following both the backdating scandal and federal investigations into its Rockstar Games unit's "Grand Theft Auto" game.

Related Links:
http://www.nytimes.com/2007/07/20/business/20game.html

http://biz.yahoo.com/ap/070720/take_two_guilty_pleas.html (AP)

http://www.take2games.com