Stock Option Woes Widen

CNET will restate three years' worth of earnings, and Take-Two's grant practices have drawn SEC scrutiny. The difference? Investors' response

Fallout over the way companies reward executives with stock options spread further across the tech landscape on July 10. Media publisher CNET Networks (CNET) said it would restate results for 2003, 2004, and 2005 to account for a practice of allowing employees to buy stock at monthly lows. Take-Two Interactive Software (TTWO), maker of the Grand Theft Auto game series, said the U.S. Securities & Exchange Commission had begun an investigation of its stock option grants.

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