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Factor 5 accused of fraud by staff News
PlayStation 3 News by Robert Purchese
Former staff at Lair developer Factor 5 have accused their old employer of pretending to be bankrupt.
"We allege in the suit that Factor 5 and its three founders fraudulently transferred assets, including source code and other intellectual property to Blue Harvest, which is now known as White Harvest," said the plaintiffs' lawyer James Smith, according to Gamasutra.
"We believe and have alleged in the complaint that Factor 5 and White Harvest are essentially the same company, being run by the same people, being represented by the same sets of lawyers, with all the same management and ownership and control, performing all the same work that they were doing at Factor 5, just now with a new name and a new address."
The former staff seek USD 900,000 in damages.
Factor 5, which also developed the Star Wars: Rogue Squadron games, closed in May. The studio claimed the bankruptcy of publishing partner Brash Entertainment late last year left bills too steep for Factor 5 to cover.
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Comments: 1-18 of 18 in total
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The Bodybuilder
18/06/09 @ 09:04
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All the monies is in a nigerian bank vault.
Now if we could just have your sort code and account number..... |
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Eighthours
18/06/09 @ 09:33
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Brilliant choice of name. Blue Harvest was the codename for Return of the Jedi, used by the film crew for ages to try to prevent people finding out that the third chapter was being filmed...
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On a serious note. The budgets that are bandied about for how much it costs to make a AAA game have long lead me to believe there is serious corruption and fraud going on. I come to work each day and there is no way in hell that the dev teams and artists, sound etc. etc costs 10 - 20 million to run for a full game cycle. Someone somewhere is taking either a rediculous multi-million dollar pay cheque home each quarter or it's just plain fraud!
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LosCapitan
18/06/09 @ 11:18
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I love the use of the word "switcheroo".
Would have liked to have seen "The Ol' Switcheroo". That would have been PROPER old skool. |
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kangarootoo
18/06/09 @ 11:46
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@penhalion
Marketing costs a hell of a lot, and you would not believe how much the rent will cost on the office building you are sitting in. Then there is the staff and premises of the publisher to consider. How likely is it really that fraud is behind every AAA high budget title out there? Your grasp of the numbers involved is perhaps a more likely culprit. |
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makeamazing
18/06/09 @ 11:52
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@penhalion.. how about work out the average salary, times this by say 200 - 340 people and then times that by 2-4 years development... i would be interested in the figure that you come out with :D
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Bigglesworth
18/06/09 @ 12:05
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@penhalion
Or perhaps its simply that everyone else in your company makes more money than you do =) |
Comments: 1-18 of 18 in total
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