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Report: Distribution Exec Sues Take-Two For $50 Million

Robert Alexander, founder of distribution company Game Ballers and a former member of Take-Two's board, is suing the publisher for $50 million, claiming breach of contract after an oral distribution deal with company founder Ryan Brant fell apart with the

Leigh Alexander, Contributor

October 15, 2008

1 Min Read
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Former Take-Two board member Robert Alexander is suing the publisher for $50 million, claiming breach of contract related to a deal between his distribution company, Game Ballers, and Take-Two. According to court documents discovered by website GamePolitics, Alexander forged an oral contract in 2003 between Game Ballers and embattled Take-Two founder and former CEO Ryan Brant. Specifically, Alexander says Take-Two's contract with Game Ballers entitles him to a $240,000 salary -- with 20 percent raises each year -- a monthly expense allowance of $25,000, 50,000 shares of Take-Two stock plus options, and fifty cents per game his company distributes. The complaint alleges that Alexander's contract was breached when Paul Eibeler replaced Brant as CEO after Brant's forced resignation amid SEC scandals. In the suit filed in Nevada federal court, Alexander claims to have founded Jack of All Games, the distribution business that Take-Two acquired in 1998, and to have been on Take-Two's board of directors until 1999. He reportedly formed Game Ballers in 2003, and soon after began negotiating distribution partnerships with Brant -- which weren't finalized before Eibeler took over.

About the Author

Leigh Alexander

Contributor

Leigh Alexander is Editor At Large for Gamasutra and the site's former News Director. Her work has appeared in the Los Angeles Times, Variety, Slate, Paste, Kill Screen, GamePro and numerous other publications. She also blogs regularly about gaming and internet culture at her Sexy Videogameland site. [NOTE: Edited 10/02/2014, this feature-linked bio was outdated.]

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