Former shareholders accuse media giant of trying to avoid bonus payouts

Up-for-sale Harmonix ‘suing Viacom’

Harmonix founders Alex Rigopulos and Eran Egozny are leading a lawsuit from a number of the developer’s former shareholders against current owners Viacom.

It is alleged the MTV-owning company, which put Harmonix up for sale last month, is "manipulating costs" in an attempt to try and avoid bonus payments.

Gamasutra reports that the dispute concerns the initial deal penned between the pair when Harmonix was initially acquired in 2006. The studio believes bonuses of 3.5 times any gross profit made beyond $32m throughout 2007.

The full story can be found over at MCV

About MCV Staff

Check Also

Embracer Group Logo

Embracer Group goes on spending spree – picks up 4A Games for $36m amongst eight acquisitions

Also New World Interactive, Deca Games, Vermila Studios, Rare Earth Games, Palindrome Interactive, Pow Wow Entertainment, and Sola Media