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February 1, 2017 10:00 pm

Jury Orders Oculus To Pay $500 Million In ZeniMax Lawsuit

An anonymous reader quotes a report from Polygon: A Dallas, Texas jury today awarded half a billion dollars to ZeniMax after finding that Oculus co-founder Palmer Luckey, and by extension Oculus, failed to comply with a non-disclosure agreement he signed. In awarding ZeniMax $500 million, the jury also said that Oculus did not misappropriate trade secrets as contended by ZeniMax. Of the $500 million, Oculus is paying out $200 million for breaking the NDA and $50 million for copyright infringement. Oculus and Luckey each have to pay $50 million for false designation. And Iribe has to pay $150 million for the same, final count. The decision came back Wednesday afternoon following two and a half days of deliberation in the case being tried in a United States District court in the North District of Texas. Both id Software co-founder John Carmack and Oculus co-founder Palmer Luckey were in the courtroom when the verdict was read. During closing arguments, ZeniMax attorney Anthony Sammi called the incident a heist and argued that ZeniMax should be awarded $2 billion in compensation and another $2 billion in punitive damages. Oculus attorney Beth Wilkinson argued that the multibillion-dollar lawsuit was driven by ZeniMax's embarrassment, jealousy and anger, not facts. It remains unclear what sort of impact this will have on the daily retail sale of the Oculus Rift headsets.

Read more of this story at Slashdot.


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