So it seems Take-Two investors have finally had enough. A group of investors at Rockstar’s mother company, who together own 46% of shares, is taking over the board and flushing senior management starting at the top, with CEO Paul Eibeler. The shakeup is boosting T2’s stock price, which is up over $1 per share as of this moment. Take-Two has been no stranger to controversy on pretty much every level, it just seems that investors have finally had enough of that controversy coming from the top. It’s a shame there won’t be a Rockstar shake-up, but, considering that’s how the bills get paid, I’d understand them not wanting to touch their golden goose.

Read more: Take-Two power struggle | Rebellion at Take-Two

Eagle-eyed gaming fans have scrounged up some SEC filings pertaining to the recent assignment of John Riccitiello as Chief Executive Officer of EA, after former CEO Larry Probst stepped down after 16 long years. The offer letter paints quite a nice deal, offering Riccitiello $62,000 a month and a healthy stock options and benefits package. Funny to see the CEO having to attend a “Get in the Game” orientation meeting but depressing to know this gent is clearing more a month than I’ll see in oh, 10 years or so.

Copy of the letter after the jump..

Read more of ”$62,500 a month for Riccitiello. Not bad…not bad…“

Amid more threats of NASDAQ de-listing, Take Two, the publisher behind Rockstar Games and the Grand Theft Auto line of games, has disclosed their discovery that founder and former CEO Ryan Brant backdated multiple stock options over a six year period while head of the gaming giant. TTWO is no stranger to financial difficulties of course, but, this could mean even more problems for a company who was slowly rebounding from the destruction the infamous Hot Coffee incident reaped. Brant served as chairmen of Take Two up until 2004, and there appears to be proof of backdated options from 1997 through 2003. Take Two has not disclosed any restatements or accounting adjustments, but, we’d expect some news very shortly.

Read more: Take Two discloses CEO backdating