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The Pub at MMORPG.COM  » Garriott says he was forced out by NCsoft

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33 posts found
  User Deleted
5/08/09 7:33:06 PM#21
Originally posted by rikilii

How is this lawsuit not getting thrown out, and why does anyone care?

His damage theory is a real hoot.  How can he possibly prove that his stock would be more in 2011 than it was when he sold it?


 

 

"The suit goes on to state that despite Garriott's attempts to redress the issue with NCsoft, he was forced to exercise his options within the 90-day window, lest he lose everything. "This forced exercise caused Mr. Garriott to lose the remaining 2 1/2 years of his option period and forced him to sell into one of the worst equity markets in modern history," the suit reads. The sale also resulted in "hundreds of thousands of dollars" in costs and tax liabilities, according to the complaint."

 

If they didn't reclassify him then he would have had up to 2.5 years (longer) to decide to take these options.  The case will probably take that long to go to court.. so the point will be made or not made... if it goes that far.  aka  Either the shares will be worth more by that time or they won't.  If in fact they are lower I don't see where he has a case at all because I doubt this will be decided soon(tm)... maybe it won't take that long tho...  I mean if it did take that long and the stock was worth the same or less how could you argue that you lost money.... 

 

The main thing being that these are options...  If he was so worried about the cost in tax liabilities he could have not taken the options.

 

I'm going to try and remain neutral on this one...  I guess.

  User Deleted
5/09/09 2:29:20 PM#22
Originally posted by Zorvan01
Originally posted by solareus

Hope he wins, ncsoft did absolutely nothing but hamper his creativity.


 

Sure, being gone for space-related BS 90% of the time couldn't possibly have had anything to do with his lack of creativity ( which i personally think he used up in the last Ultima game ).

Unless of course my /sarcasm detector is malfunctioning. In which case, you got me.

Gove a talented producer, second rate development team that crapped out the graphics of a 1 gen mmorpg, I find hampering. I can't even imagine the annoying work environment he was compelled to work in under contract.

When they have had the Crytek engine licensed prior to the start of T.R. , as well as the technologies for Ai  ? 

I beleive they thought they could just use R.G. and the throw him away, buzz wrong, welcome to American Court's NcSoft. :)

  Nyast

Novice Member

Joined: 10/13/05
Posts: 84

5/09/09 5:09:12 PM#23

You guys should really read the complaint instead of throwing accusations at RG without knowing what you're speaking of.

No, RG did not write this open letter announcing his departure. NCSoft did. RG was still in quarantine in Russia when this happened. He merely approved it at the time, unaware that his departure was deemed as "voluntary" by NCSoft. If he had known, he wouldn't have approved it, that's the whole point of the complaint !

Geez, I don't even know why I explain that, the few people who have truely read the complaint and understand the issue are a minority, flooded by the "RG said he left, so he has no case" posts..

  Laughing-man

Elite Member

Joined: 4/23/09
Posts: 2260

I thought what I'd do is I'd pretend I was one of those Deaf-mutes.

5/09/09 5:12:38 PM#24

RG agreed to it, hes screwed.

Shoulda read the fine print IMO.

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  Mortemia

Advanced Member

Joined: 10/21/07
Posts: 697

MMOHOLIC

5/09/09 5:17:22 PM#25
Originally posted by mlauzon

 

Garriott says he was forced out by NCsoft

 

I thought he was forced out of Earth. :)

 

  Ramonski7

Spotlight Poster

Joined: 5/21/03
Posts: 1664

"A wise man has something to say, but a fool just has to say something."

5/09/09 5:25:47 PM#26

I think he's looking for a little more money to take a 2nd trip in space......either way he took a gamble and lost. He put his stamp on the letter or are you telling me he approved it without actually reading it. Case close.


"Small minds talk about people, average minds talk about events, great minds talk about ideas."

  mlauzon

Apprentice Member

Joined: 6/21/05
Posts: 772

 
5/10/09 5:32:38 AM#27


Originally posted by Ilvaldyr
This is kinda old news, it broke several days ago .. there's a thread about it here .. and the complaint document can be found at:
http://cdn2.libsyn.com/gamepolitics/Garriott-NCsoft-complaint.pdf?nvb=20090508212346&nva=20090509213346&t=03cbf0ace2971c12c43ab
I'm not happy about the debacle of Tabula Rasa and feel that RG sold out .. but if RG can substantiate his allegations then NCsoft is 100% in the wrong so you can't really blame the guy for wanting to reclaim his losses.


The thread you link to only talks about him suing, my find was original...so please stop being an idiot!

--
Michael

  hercules

Advanced Member

Joined: 4/21/03
Posts: 4634

8/16/09 3:42:13 AM#28

think he is short on cash maybe?

  CasaFranky

Novice Member

Joined: 3/11/06
Posts: 463

8/16/09 4:06:03 AM#29

he should develope more than flying to the moon!

  Raltar

Apprentice Member

Joined: 1/28/06
Posts: 843

Asking for help on the internet is like asking a swarm of bees why they are stinging you!

8/16/09 6:23:30 AM#30
Originally posted by hercules

think he is short on cash maybe?

@ "Hercules": Necromancer much?

 

In reply to the topic at hand though, I personally blame the failure of Tabula Rasa on Richard Garriot. He is an idiot and even though NCsoft paid him (40+ million dollars) to be the head developer of TR, he decided to take the money and run off to space with it, creating hype for HIMSELF the whole time, while totally ignoring Tabula Rasa. He even had his own personal little website to brag about being a "second generation astronaught" but he totally refused to even aknowledge Tabula Rasa on this site.

On his personal bragging site I even asked him a question about why Tabula Rasa wasn't getting new content added to it and one of his underlings totally blew it off. That proves to me he never gave half a *censored* about the game and I hope he loses his lawsuit aginst NCsoft and spends a long time in poverty, he deserves it.

Each man must for himself alone decide what is right and what is wrong, which course is patriotic and which isn't. You cannot shirk this and be a man. To decide against your conviction is to be an unqualified and inexcusable traitor, both to yourself and to your country, let men label you as they may. ~Mark Twain

  User Deleted
8/16/09 6:39:48 AM#31

This is pathetic. Probably after going to space, he realized it was better to play EVE and surf space that way than forcing himself out of planet Earth! There is no case. I would like to see this in court and laugh hard.

  thexrated

Hard Core Member

Joined: 11/26/04
Posts: 1234

8/16/09 6:48:46 AM#32

Well, he has right to sue the company, if he think they mistreated him. Let courts decide who was right and wrong. We really do not know the facts.

It is actually funny how much hate there is towards the guy. I respect him for what he did create in the past. If he made few crappy games recently, it really does not matter much. Origin Systems produced some of the best games of their time, few which I played probably before some of you were even born. 

You might not like his ego or public image etc., but that really does very little to do with his court case or the games his company designed. Tabula Rasa was failure, but the hate towards it's developer is irrational at best. The same irrational behavior that is rampant against many other game companies that failed to meet standards. I judge things game by game basis. I might respect some companies because they have managed to do good games over and over again - like Blizzard, Bioware, Bethesda and old Origin Systems. But that does not mean that I start hating developers when they make few mistakes...heck you can always play something else.

"The person who experiences greatness must have a feeling for the myth he is in."

  MMO_Doubter

Advanced Member

Joined: 7/28/09
Posts: 5133

8/16/09 6:58:58 AM#33
Originally posted by Zorvan01

He announced to the public that he was resigning.

If he wasn't resigning, then he should have said "No, I'm not announcing shit." and filed his lawsuit right then.


Quoted for truthiness. He screwed himself by releasing that he was resigning. If NCSoft committed fraud, then so did he.

Lord British got to go into space. I'd love to do that, but it'll never happen, because I'm not a multi-millionaire.

 

As far I am concerned, when millionaires screw each other -  give them rusty straight razors and lock 'em in a squash court. Last man standing wins.

"" Voice acting isn't an RPG element....it's just a production value." - grumpymel2

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