Massively http://massively.joystiq.com Massively http://www.blogsmithmedia.com/http://massively.joystiq.com/media/feedlogo.gif Massively http://massively.joystiq.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Richard Garriott wins lawsuit against NCsoft]]>http://massively.joystiq.com/2010/07/30/richard-garriott-wins-lawsuit-against-ncsoft/http://massively.joystiq.com/2010/07/30/richard-garriott-wins-lawsuit-against-ncsoft/http://massively.joystiq.com/2010/07/30/richard-garriott-wins-lawsuit-against-ncsoft/#commentsFiled under: , ,

Over a year ago, Richard Garriott filed a lawsuit against his former employer, NCsoft.

There was a lot of back and forth regarding who said what, but the crux of the suit was that Garriott claimed NCsoft terminated him, costing him millions, as he was forced to sell his stock options at a bad time. NCsoft claimed that the opposite was true: Garriott left voluntarily. There was quite a bit more regarding a forged letter and the handling of Tabula Rasa, but in the end, the decision focused on the loss of profit from the stock options.

After several hours of deliberation, the jury awarded Garriott $28M USD to compensate for that loss. Garriott is "extremely pleased," but NCsoft is not finished yet. The company plans to look over its options and continue fighting the suit. Keep your eye on Massively for any updates on the case.

MassivelyRichard Garriott wins lawsuit against NCsoft originally appeared on Massively on Fri, 30 Jul 2010 09:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>lawsuitlegalncsoftrichard-garriottrichard-garriott-lawsuitstock-optionstabula-rasaFri, 30 Jul 2010 09:00:00 EST<![CDATA[Richard Garriott blasts NCsoft with $24 million lawsuit]]>http://massively.joystiq.com/2009/05/06/richard-garriott-blasts-ncsoft-with-24-million-lawsuit/http://massively.joystiq.com/2009/05/06/richard-garriott-blasts-ncsoft-with-24-million-lawsuit/http://massively.joystiq.com/2009/05/06/richard-garriott-blasts-ncsoft-with-24-million-lawsuit/#commentsFiled under: , , , , ,

When Tabula Rasa shut down in January, we thought we'd heard the last of NCsoft and Richard Garriott in the same sentence. Oh, how wrong we were. Yesterday, Kotaku broke the news that Garriott was suing his old pals at NCsoft to the tune of $24 million for fraud, and generally being a bunch of fetid arsebiscuits. Details were decidedly skimpy, however - why would Garriott go after the company so long after his departure? What had gone rotten in the state of Denmark?

This morning, GamePolitics added their .02 to the mix and upped the ante with the legal documents involved - and boy, are they illuminating. According to Richard's side of the story, it goes like this: Richard & co form Destination Games, and are bought out by NCsoft in exchange for some very hefty stock options. After Tabula Rasa launches, Richard gets tapped for a space flight he signed up for some years prior. After talking to NCsoft higher-ups, he is approved for, and goes on, extended leave to take his space flight. During this time, he continues doing PR for Tabula Rasa, including Operation Immortality. Flight (and PR stunt) successful, Richard touches down to Earth, goes into quarantine in Russia, and NCsoft calls him to drop the hammer - while he's stuck in Russia, decontaminating. No choice, no warning, nothing. "So long, and thanks for all the Bane."

Continue reading Richard Garriott blasts NCsoft with $24 million lawsuit

MassivelyRichard Garriott blasts NCsoft with $24 million lawsuit originally appeared on Massively on Wed, 06 May 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>breakingdestination-gameslawsuitrgtrrichard-garriottstock-optionstabula-rasatrWed, 06 May 2009 11:00:00 EST