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“Lord British” wins $28 million award in suit against NCsoft

Sections: Features, Game-Companies, Gaming News, Law-Politics, Publishers

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ncsoft logCharismatic game developer Richard Garriott, known as “Lord British” to his legions of fans, won a $28 million judgment against former employer NCsoft on July 29, 2010. According to the Austin-American Statesman, a federal court jury in Austin, Texas, took Garriott’s side in a dispute over how he left the company.

The facts of the case sound like something out of a video game. NCsoft said the Garriott left the company voluntarily in 2008, giving him a limited amount of time to sell off options for more than 400,000 shares of NCsoft stock. Garriott said NCsoft fired him while he was quarantined in Russia after taking a $20 million trip to the International Space Station.

Garriott’s contract allowed him 10 years to sell the stock if he were fired, so he could sell it off at a time when it would be most profitable. Garriott argued by forcing him to sell the stock during a depressed economy, NCsoft cost him millions of dollars. The federal court jury agreed, but didn’t award Lord British the full $47 million he was seeking. To be fair, he originally was suing for $27 million, according to GamePolitics. So a $28 million judgment is appropriate.

Read [Austin American Stateman] Via [Joystiq] Also Read [Kotaku] Via [GamePolitics]

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