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Zenimax to Receive $500M as Reward for Broken NDA

Posted Feb 01, 2017 by Suzie Ford

Zenimax to Receive $500M as Reward for Broken NDA

Oculus co-founder Palmer Luckey and several co-defendants have lost a contentious lawsuit with Zenimax. Accused of misappropriating trade secrets after leaving Zenimax, Luckey et al have been found responsible for breaking non-disclosure agreements signed before they left the company. The suit alleged that the development of Oculus Rift came as a direct result of "millions of dollars' worth of Zenimax's research and copyrighted code", according to Polygon, though the jury felt otherwise..

The $500M settlement is for breaking the NDA, though Oculus was not found culpable in the misappropriation of trade secrets as alleged in the documents filed by Zenimax. 

Read more in this developing story at the link above.

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Suzie Ford / Suzie is the Associate Editor and News Manager at Follow her on Twitter @MMORPGMom

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