Take-Two Interactive Software, Inc. Announces Final Settlement with SEC (thanks Frans) reveals that the Securities and Exchange Commission will accept a $7.5 million settlement offer from Take-Two Interactive as penalty for the company's accounting shenanigans, though of course a condition of the settlement establishes that they are possibly paying out this huge sum just for the heck of it:

Without admitting or denying any wrongdoing, the Company has agreed to consent to the entry of an order enjoining it from future violations of specified provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 ('34 Act), including section 10(b)(5) of the '34 Act and Rule 10b-5 thereunder. In addition, the Company has agreed to pay a $7.5 million civil penalty which Take-Two previously recorded as an expense in its fourth fiscal quarter ended October 31, 2004.