Tabula Rasa (video Game) - Litigation

Litigation

Richard Garriott sued NCsoft for $24,000,000 USD. Garriott sued for damages relative to his termination from the parent company NCsoft. Garriott's allegation states that NC Soft terminated his employment, then fraudulently reported his termination as willful resignation in order to preserve the right to terminate Garriot's stock options unless he exercised them himself within 90 days of termination, forcing Garriott into a decision to purchase stock with which a loss was incurred worth dozens of millions in profit for Mr. Garriott. Additionally, the news of the termination was issued while Mr. Garriott was confined to quarantine from the space flight, which was originally intended to be a publicity move to further promote the game and increase revenue. In July 2010, an Austin District Court awarded Garriott US$28 million in his lawsuit against NCsoft, finding that the company did not appropriately handle his departure in 2008. NCsoft stated that it intended to appeal the decision. In October 2011, the United States Court of Appeals for the Fifth Circuit affirmed the judgment.

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