richard-garriott-lawsuit

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  • Richard Garriott wins lawsuit against NCsoft

    by 
    Rubi Bayer
    Rubi Bayer
    07.30.2010

    var digg_url = 'http://digg.com/pc_games/Richard_Garriott_wins_28_million_lawsuit_against_NCsoft_2'; 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.