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Man, who could forget the Grand Theft Auto: San Andreas “Hot Coffee” kerfuffle that had Rockstar in hot water back in 2005? Not us, and certainly not Rockstar, considering that the fiasco’s still nipping at the publisher’s pocketbook here in the Future Neo-Year of 2009.
Fortunately, Rockstar announced today, the Grand Theft Auto-creator’s legal star count may finally be back down to zero. Busted, yes, but not wasted, thankfully. Concluding a lawsuit brought on by investors back in 2006, the publisher reached a $20,115,000 settlement with its disgruntled financial followers.
“We are pleased to have reached this settlement, which represents another important step forward for the Company," said Strauss Zelnick, Chairman of Take-Two.
The original suit targeted alleged hidden stock option granting, as well as the Hot Coffee hoopla. And while it may not have completely hit the mark, veering off into a cool $20 million isn’t too bad, we think.