Oculus Founder, Palmer Luckey and His Company, Sued for Using Confidential Information

Palmer Luckey and his Company, Oculus VR Inc, are Being Sued Yet Again. Total Recall Technologies, a Company in Hawaii, is Accusing Luckey of Violating a Confidentiality Agreement that, he Signed as a Former Employee of the Company. According to the Lawsuit, he was Hired about 4 Years Ago for the Precise Purpose of Developing a Head-Mounted Display. As such, he was Privy to Information and Feedback that, he Later Used for a Kickstarter Campaign, to Introduce his Own Version of a Head-Mounted Display, Oculus Rift.


The Complaint, Filed with the U.S. District Court in California, States that, the Company has Brought Action against Luckey for "breach of contract and wrongful exploitation and conversion of [Total Recall Technologies] intellectual and personal property in connection with TRT's development of affordable, immersive, virtual reality technology". This Isn't the 1st Time Oculus is Embroiled in a Legal Battle. The Facebook-Acquired VR Company, Slammed ZeniMax Last Summer, for Making a Blatant Attempt to Profit from the $2 Billion Sale. The New Lawsuit doesn't Indicate an Amount but, the Company is Seeking Compensatory and Punitive Damages from the Virtual Reality Headset Maker.




Info Source:

http://www.reuters.com/article/2015/05/22/us-facebook-oculus-lawsuit-idUSKBN0O72AC20150522?feedType=RSS&feedName=technologyNews