Take-Two Chairman Faces Resignation Call

In a research document circulated to Banc of America Securities clients, vice president and senior research analyst Gary Cooper has called for the removal of Take-Two chairman Ryan Brant. A research note from Cooper says, “given the uneven performance of the business and the continuing legal and accounting struggles, we believe Take-Two's board of directors should seek new leadership at the highest level, the chairman.” Take-Two has been under investigation by the Securities and Exchange Commission for over a year. Source: GameSpot