A bit peripheral to Bungie at this time, we've just been informed by St. Joan that Take Two Interactive is being sued by its own shareholders,(also see here) under the accusation that they have padded the company's financial standing :
This knot will probably take some time to work out, but given TTI's recent handling of Myth III and the Myth III development team, the issue is of definite interest to our community. On the ConsoleWire pages linked-to, you'll note other lawsuit related items as well. Lawsuits are one of the big ways that business gets done these days... however, misrepresenting your financial status can be a very serious thing.
The complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing a series of materially false and misleading statements to the market between February 24, 2000 and December 17, 2001, concerning its financial performance for the Company's fiscal year 2000 and the first three quarters of take-Two's fiscal year 2001.
A few years ago, a similar thing occurred when Cendant (then the owners of both Blizzard and Sierra) was selling off its software assets to Havas Interactive.