REPORT - Viacom Sues Former Harmonix Shareholders For $131M
Posted by GoNintendo Sep 21 2011 00:51 GMT in Nintendo Stuff
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Viacom is making good on its claims that former stockholders of Rock Band developer Harmonix owe it money, filing a lawsuit Friday to the tune of $131 million. Specifically, the company is seeking over $131M of the nearly $150M it paid to Harmonix shareholders in anticipation of 2007 earn-outs, claiming that the sum is a "refund" for earn-out bonuses paid to shareholders "to which they are not entitled."

Full report here

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