Oculus VR and its founder hit with lawsuit claiming they breached agreement

Oculus Rift
By John Callaham on 23 May 2015 10:03 am

The Oculus VR company, and its founder Palmer Luckey, are the subjects of a lawsuit filed on Friday by a company called Total Recall Technologies (TRT). It claims that Luckey created the Oculus Rift virtual reality headset based on information he obtained from TRT under a non-disclosure agreement.

The lawsuit from the Hawaii-based TRT claims that its two partners, Ron Igra and Thomas Seidl, contracted Luckey in 2011 to build a prototype for a head-mounted display, under that NDA, based on a patent that TRT had developed. The lawsuit said that Luckey completed his work on the display later in 2011. In 2012, he launched his successful Kickstarter campaign for the Oculus Rift VR headset. TRT's lawsuit claims:

Without informing the partnership, on information and belief, Luckey took the information he learned from the partnership, as well as the prototype that he built for the TRT using design features and other confidential information and materials supplied by the partnership, and passed it off to others as his own.

TRT is asking for punitive and compensatory damages, but so far it has not revealed a specific amount of money it is seeking from Oculus VR. This lawsuit comes as the company is preparing to hold a big press event on June 11. The final consumer version of the Oculus Rift is scheduled to launch in the first quarter of 2016.

Source: US District Court; Via: Ars Technica

John Callaham John Callaham "News Writer for Mobile Nations" 267 (articles) 0 (forum posts)

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Oculus VR and its founder hit with lawsuit claiming they breached agreement

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Wondering what took hem so long to fill in this lawsuit?? Oculus is actually well visible on the Interntet last what?? a year, two??