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.

http://www.magicinkgaming.com/

 
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