Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Lawsuit Alleges Secret $12M Randy Pitchford Bonus

Kotaku discovered lawsuits between Gearbox Software boss Randy Pitchford and Wade Callender, who served for several years as Gearbox Software's general counsel. Callender's suit centers around "accusing Pitchford of violating various contracts involving both Gearbox and a separate real estate company that they both owned, as well as Callender’s own employment contract." This came in response to Gearbox suing Callender a month earlier, alleging fraud and breach of fiduciary duty. They accuse him of borrowing money he did not repay in full, and abusing "the privilege of credit card access by charging unapproved, wholly personal expenses, including family vacations, gun club memberships and firearms accessories, and trying to get six-pack abs." Word is Pitchford and Callender were once close friends, but that is probably over and done with, as included in Callender's filing is the accusation that Pitchford received an illicit $12 million bonus from Gearbox, that he at one point lost a USB stick in a Dallas restaurant with sensitive business documents (which has some basis in fact) and underage pornography (which is disputed), along with other sensational details. Pitchford tweets: "As the day progresses, I am discovering who my my [sic] friends are. Thank you for your love and support. I am just going to try to focus on my work and trust that truth and justice will prevail with the courts." This also inspired the following statement from Gearbox following the original publication of the article:

Gearbox will be filing a grievance with the State Bar of Texas against our former general counsel Wade for disciplinary proceedings for filing a lawsuit that includes accusations that he knows to be untrue. The lawyer’s rules of professional conduct expressly prohibit the filing of documents that are knowingly false. The tell is within Wade’s claim itself – his use of hedged lawyer language and clever application of quotation marks betray that he knows that the impression he is trying to create is based in lies. We imagine that he used the quotation marks and lawyer language in hopes that will give him some angles of defense when we inevitably take action against him for false statements. Wade is engaged in a shakedown and he’s clearly using deceit and lies to try to cause damage by promoting a narrative that he knows is false.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Ace Combat 7 VR May Come to PCs
Disjunction Announced
PC Earth Atlantis This Month
Gatherings & Competitions
Saturday Mobilization
Saturday Metaverse
Saturday Tech Bits
Saturday Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Call of Duty: Black Ops 4 Blackout Ambush Plans
Star Control Origins Returns to Steam
Battlefield V Microtransactions Delayed
MS Gaming on Windows 10 Poll
Facebook Makes Game Streaming Easier
Breach Early Access
Textorcist Discount for Wishlisters
Atlas Rollback
  

 



footer

Blue's News logo