iam8bit sues Skybound Games for $4m, claiming breach of contract and theft of designs
Key Points:
- Iam8bit is suing Skybound Games for £2.9 million ($4 million), accusing the company of breach of contract, fraudulent expenses, theft of designs, and misuse of trade secrets related to a Stray game deal.
- The lawsuit alleges Skybound failed to provide required monthly reports and included millions in fake expenses, which it could not justify to a third-party auditor.
- Iam8bit claims Skybound used its promotional materials and confidential information to secure a Nintendo Switch port deal for Stray, excluding iam8bit from the arrangement.
- The legal complaint includes charges of breach of contract, fraud, conversion, unjust enrichment, and misappropriation, with iam8bit seeking both real and punitive damages.
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