Former Exec Sues Take-Two for $50 Million

October 15, 2008 -

A former executive of  Take-Two Interactive filed a $50 million lawsuit against the Grand Theft Auto publisher in a federal court in Nevada last week.

Robert Alexander alleges that Take-Two breached an oral employment contract when, in 2004, former Take-Two CEO Paul Eibeler terminated a distribution deal with Alexander and his company, Game Ballers. Eibeler had taken over the reigns of T2 when CEO and company founder Ryan Brant ran afoul of the Securities and Exchange Commission. Prior to being forced out, Brant and Alexander apparently enjoyed a cooperative working arrangement.

The complaint is an interesting read, and provides insight into what appears to be the very big bucks business of video game distribution.

In his suit Alexander claims that he has been in the game biz since he was 16. He says that he built up a distribution company called Jack of All Games which he sold to Take-Two in 1998. After closing that deal he spent some time as a member of the T2 Board of Directors, leaving in 1999.

In 2003 Alexander formed a new distribution company, Game Ballers, and began negotiating with Ryan Brant and other execs to partner with T2 and Jack of All Games. Although Alexander began working with T2, his deal was never finalized before legal troubles forced Brant to leave the company in March, 2004. When Eibeler assumed the CEO post later in the year, Alexander apparently fell out of favor and alleges that he was not paid what he was owed.

If Alexander's complaint is accurate, the numbers involved are staggering. The distributor claims that Brant agreed to pay him $240,000 in annual salary with 20% annual raises, a $25,000 monthly expense allowance, 50,000 shares of T2 stock plus options and $.50 per game handled by his distribution company.

We have a request in to Take-Two for comment.

UPDATE: Take-Two has declined to comment. In fairness, I should point out that Strauss Zelnick's current management team had no involvement with T2 during the time frame about which Alexander is  making his claim.


Comments

Re: Former Exec Sues Take-Two for $50 Million

Your copypaste thing isn't working for me.

--------------------------------------------------------------------------------------------------------

I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.



--------------------------------------------------------------------------------------------------------

I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.

Re: Former Exec Sues Take-Two for $50 Million

It stopped working for me after that picture...they may have disabled it....

Sortableturnip's Law: As an online discussion of video game violence grows longer, the probability of a comparison involving Jack Thompson approaches 1

Re: Former Exec Sues Take-Two for $50 Million

Now now Jack, did I mention your name? *snickers* You are assuming again....

Actually I have been tested, believe it or not. Was a child suffering ADD, grew up to be a well adjusted professional for GE. Now Jack, are you a well adjusted profesisonal?

Re: Former Exec Sues Take-Two for $50 Million

You know they tested me and said I had ADD, then later found out my IQ is 143 and I was just getting bored as hell in school.  I even found new/shorter algorithms to solve math problems as well that a teacher of mine tried to disprove, then he later ended up teaching using my algorithm instead of what the book said, haha.  Then I also fell asleep in classes a lot since I had swim practice 3 hours before and 3 hours after school...  So my math teacher hated me for falling asleep, while I was still getting straight A's.

The good times...  high school was the easy life.

Nido Web Flash Tutorials AS2 and AS3 Tutorials for anyone interested.
How to set Xbox 360 Parental Controls

Re: Former Exec Sues Take-Two for $50 Million

'The Bar' didn't DO anything. Your friend from church (which wasn't the person the Bar reccomended) got you through on a technicality, so only God knows if you just didn't bribe him on the side or put an extra 20 into the bowl to get him to say you were sane.

IN 1991.

It's now 2008. That's seventeen years, Mr. Thompson. That's more than enough time to lose your marbles, and ut was clear you lost your last few back in 2005.

David "DavCube" Gagnon, Mature Human Being, and You're Not.

Re: Former Exec Sues Take-Two for $50 Million

see the irony you are missing here Jacky boy, is that people dont have to even think about seeing the results of a psych test to know we are sane.

Re: Former Exec Sues Take-Two for $50 Million

The Supreme Court found that Referee Tunis' recommendation that you be permanently disbarred was correct. It's officially. When are you gonna cut that $43,000 check.

"They didn't have CUNTFLAPS?" -- Jack Thompson

Re: Former Exec Sues Take-Two for $50 Million

 They found that out years ago.  Relying on a decades old psych exam to determine your current mental health is as crazy as relying on a decades old physical exam to determine your current physical health.

Re: Former Exec Sues Take-Two for $50 Million

Jack hasnt been tested for psychological issues, though he should.  If they did, some idiot did the testing, because I can point out a couple of his problems just from interviews of him and his history with Janet Reno.  (There is a big chance that something happened to him in his childhood, the question is what....  molested, beaten, drugs, bad parenting...)

Nido Web Flash Tutorials AS2 and AS3 Tutorials for anyone interested.
How to set Xbox 360 Parental Controls

Re: Former Exec Sues Take-Two for $50 Million

Only the insane equates pain with success

Re: Former Exec Sues Take-Two for $50 Million

Gay porn perusing Thompson pointing out someone else's spelling mistakes.

 

Fucking Hilarious!

Re: Former Exec Sues Take-Two for $50 Million

He's probably "busy" either drafting the 'smoking gun' lawsuit right now, or surfing gay porn sites...

-- "Jack and listen are two words that don't go together...just like Jack and sanity, Jack and truth, Jack and proof, Jack and win..." -- sortableturnip | http://www.orangeloungeradio.com/

400 Episodes, TEN YEARS and counting: http://www.orangeloungeradio.com/ | Voice of Geeks Network - http://www.vognetwork.com

Re: Former Exec Sues Take-Two for $50 Million

Yep all you have to do is point to oral agreement ... oral agreements typically don't hold up in court unless you get a lot of eye witnesses saying they heard the agreement and even then it helps to have a tape conversation of the agreement without it you are just looking for a settlement hoping you can get some quick cash.

Re: Former Exec Sues Take-Two for $50 Million

Queue JT's horrid bile about T2 in 3....2....1....

Sortableturnip's Law: As an online discussion of video game violence grows longer, the probability of a comparison involving Jack Thompson approaches 1

Re: Former Exec Sues Take-Two for $50 Million

Why does no one know how to make a decent PDF?

Re: Former Exec Sues Take-Two for $50 Million

Yeah, unless he has it on tape I'm fairly certain "oral agreement." Doesn't mean Jack.

 

Oh, I see what I did there. Ok, It would be like me saying "Jack and I have an oral agreement that he will defenestrate himself if he loses his latest battle."

 

 

Who'se gonna believe me without proof?

Re: Former Exec Sues Take-Two for $50 Million

There are ways to enforce an oral agreement but you're right, it's difficult at best.

You have to show that, under the circumstances, this is the kind of agreement you would expect to be created.  That the agreement would be reasonable, and a whole host of other things.

It's tough, but it has happened.

Re: Former Exec Sues Take-Two for $50 Million

It's not the least bit difficult.  I guess you'd have to be a lawyer, disbarred or not, to know that.  Do you now get a law degree stuffed in a PS3 that Andrew Eisen takes apart?

ATTENTION, GAMER IDIOTS! HUGE STORY ABOUT TO BREAK REGARDING SAINTS ROW 2, COURTESY OF JACK THOMPSON, ATTORNEY. YOU’RE WELCOME, KIDS!

Re: Former Exec Sues Take-Two for $50 Million

I guess you'd have to be a lawyer, disbarred or not, to know that.

Finally! So you finally accept that you're being disbarred and there's nothing you can do (since you've already done so much.

Game on, brothers and sisters.

------------------------------------------------------------------------------ "Those who sacrifice liberty for security deserve neither." -- Ben Franklin Game on, brothers and sisters.

Re: Former Exec Sues Take-Two for $50 Million

Xbox, not the PS3.  Try to pay attention, Thompson.

But anyway, yes, in my gutted Xbox you get a law degree, 5000 ecstacy pills, a blow-up doll and three cans of Play-Doh.

 

Andrew Eisen

Re: Former Exec Sues Take-Two for $50 Million

Win!

Hunting the shadows of the troubled dreams.

Hunting the shadows of the troubled dreams.

Re: Former Exec Sues Take-Two for $50 Million

Did you ever realize that there are only 9 days left and 6 hours 16 minutes and 4 second left till your out of a job and on the streets?

_________________________ And the rain will kill us all... We throw ourselves against the walls.. but no one else can see.... the preservation of the martyr in me.... Psychosocial

Re: Former Exec Sues Take-Two for $50 Million

 Given your track record, I don't think we're inclined to take anything you say for granted.  You've not won a court case in HOW long?

Forgot your password?
Username :
Password :

Poll

How do you feel about microtransactions in $60 video games?:

Shout box

You're not permitted to post shouts.
RedMageOh hey, a news station is trying to scapegoat gaming. That takes me back. https://twitter.com/GamingAnarchist/status/63754361236507443208/29/2015 - 1:40pm
Big PermA link to TB twitter with Matt Lees in the replies - https://twitter.com/Totalbiscuit/status/52528604482949939208/29/2015 - 12:16pm
Brad GlasgowWhy would he say the company lies about getting abuse? Oh, because people don't abuse GG?08/29/2015 - 10:38am
Big PermBrad - Matt Lees was also quick to say the company "Gamers Gate" lies about getting abusive messages thinking they were an official GG channel08/29/2015 - 9:11am
Goth_SkunkMGSV: The Phantom Integrity - A Rant by RazörFist. (NSFW on account of language). RazörFist discusses the latest batch of unethical journalist conduct, with a caveat. - http://ow.ly/RwXYT08/29/2015 - 7:10am
Goth_Skunk@Brad: I can.08/29/2015 - 6:13am
Goth_SkunkI assume "Stacy" is a pseudonym. After reading what she went through, I would not be one bit surprised if it is.08/29/2015 - 6:13am
Goth_SkunkA Year of #GamerGate: From Neutral To Anti To Neutral To Pro by "Stacy" - http://ow.ly/RwVeT08/29/2015 - 6:12am
Brad GlasgowI can't believe Matt Lees deleted his positive review of Ethan Carter because Chmielarz is sympathetic to GG.08/29/2015 - 5:30am
Goth_SkunkA GameDev's Year With #GG: The Good, The Bad, and The Ugly by Adrian Chmielarz - http://ow.ly/RwSCd08/29/2015 - 5:18am
Goth_SkunkDespite not being a fan of fighting games I had to check out that R Mika trailer. Loved it. Still won't buy the game though, on account of Isuckatstreetfighteritis.08/29/2015 - 2:42am
MechaCrashI use a Dynex DX-840 headset, but it's discontinued. :( I wanted a mono headset so I could keep the other ear free for my speakers, but it has the bonus of being very light and comfortable, so you don't notice it.08/29/2015 - 12:41am
Big PermSora - I was just having a slow day at work earlier. Now I'm home with vidya!08/28/2015 - 7:54pm
ZippyDSMleeSora-Chan: Blender is easy compared to 3Dmax :P08/28/2015 - 6:51pm
Sora-Chantime to take up a hobby? maybe messing around in GIMP to make wallpapers? use qCAD to design somethin? open Blender and stare at it for a couple hours trying to figure what does what?08/28/2015 - 6:41pm
Big PermAlso, yes. I've been spamming the shoutbox. I don't have much going on today, don't judge me08/28/2015 - 3:25pm
Big PermThanks, but yeah. Not sure I wanna drop that kind of cash :P I don't even mind the sound quality of my krakens, it just hurts to wear em after a couple hours.08/28/2015 - 3:25pm
Sora-Chan@Big Perm: I'm a bit of a fan of the Omega Recon3D headset from SoundBlaster. Though it is a bit expensive.08/28/2015 - 2:36pm
Big PermI actually need to look into a new headset. I have those green razer krakens and I would not suggest them. Though maybe they're better for people without glasses08/28/2015 - 11:32am
Big PermI've never heard if Apple was dominant in Japan.08/28/2015 - 11:25am

Be Heard - Contact Your Politician