Two former executives at video game developer Take-Two Interactive Software have pleaded guilty to falsifying business records as part of a stock options backdating scheme.

Patti P. Tay, the company's former chief accounting officer, admitted she made false entries in a spreadsheet tracking the grants, according to Bloomberg News. The company's former general counsel, Kenneth I. Selterman, also admitted he wrote false information in a letter sent to regulators about the options probe.

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