Garriott Verdict Out of this World

July 30, 2010 -

Noted space travel enthusiast and legendary videogame developer Richard Garriott (aka Lord British) can now afford a few more trips into orbit following a $28 million win resulting from a lawsuit brought against former employer NCsoft Corp.

Garriott was issued stock options (valid through May 30, 2011) when NCsoft bought his company Destination Games in 2001. A clause, however, dictated that the options would expire in the event he voluntarily left the company.

A news release from Garriott’s attorney firm Fish & Richardson claims that Garriott took a leave of absence in order to travel aboard the Russian Soyuz spacecraft to the International Space Station. During his post-flight quarantine, however, “Garriott was informed by NCsoft that his time with the company was over.” NCsoft argued that his termination was a voluntary resignation.

Garriott’s attorneys wrote that, “Because NCsoft mischaracterized his termination as voluntary, Mr. Garriott was forced to sell his stock options 2 1/2 years early, costing him millions of dollars. Jurors found NCsoft liable for breaching the stock option agreement with Mr. Garriott, and awarded him $28 million in damages.”


Comments

Re: Garriott Verdict Out of this World

Just goes to show you what kind of D-bags work at NCsoft and in games publishing in general. I hope Activision gets an award levied against them for 10 times this amount at least.

Re: Garriott Verdict Out of this World

Congrats on winning Mr. Garriott. Now lets see if you can go back into outer space.

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MattsworknameTotal bisquit talkes about why teh Deus X pre order systems is garbage.09/01/2015 - 3:18am
MechaTama31Infophile: Kind of like how you're criticizing these theoretical reactions before you've even read any? ;)09/01/2015 - 12:44am
PHX CorpI'll probaly Start the stream around 8PM Eastern08/31/2015 - 10:09pm
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james_fudgeAlso check out our Facebook page and chat there! https://www.facebook.com/gamepolitics08/31/2015 - 9:53pm
james_fudgeSee you all on the other side! Find me on Twitter :)08/31/2015 - 9:51pm
james_fudgeAllright, i'll mention this on the GP facebook page08/31/2015 - 9:49pm
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Andrew EisenFeel free to leave us suggestions on Facebook or Twitter too. We're going to be busy but we'll try our best to keep an eye on 'em.08/31/2015 - 8:59pm
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