iam8bit is suing Skybound Sport Studios alleging fraud and theft of designs

Skybound Sport Studios is being sued by indie outfit iam8bit over fraud and breach of contract, together with the theft of authentic designs. Skybound Leisure, the mother or father firm of Skybound Sport Studios, is chaired by Robert Kirkman, who could also be greatest identified for creating the unique comedian e-book of The Strolling Lifeless. We have reached out to Skybound for touch upon the lawsuit however haven’t obtained a response as of publication.

iam8bit is a online game producer in addition to a merchandise operation promoting vinyl soundtracks and different geek gear. The corporate entered right into a partnership with Skybound Sport Studios in April 2021. Since then, iam8bit alleges that Skybound performed a multi-year accounting scheme and failed to offer correct monetary experiences for the partnership every month. “Skybound failed to offer the month-to-month experiences as agreed,” the Los Angeles Superior Court docket criticism reads. “It additionally padded its bills with hundreds of thousands of {dollars} in pretend line objects.” iam8bit claims Skybound has but to elucidate the road objects, even to a third-party auditor that it engaged. The corporate is alleging greater than $4 million in damages associated to the accounting points.

iam8bit additionally accused Skybound of reducing it out of a deal concerning indie online game Stray. In accordance with the corporate’s counsel, iam8bit designed and developed promotional supplies for the launch of Stray on PlayStation and Xbox consoles. The criticism claims that Skybound used commerce secrets and techniques from iam8bit to safe its personal deal for the Nintendo launch of the sport. It alleges Skybound used confidential details about iam8bit’s royalty cut up with publishing Annapurna Interactive to chop out its enterprise associate, whereas additionally utilizing “nearly actual copies” of its artistic output for advertising and marketing.

The complete record of allegations in iam8bit’s criticism embrace breach of contract, fraud, conversion, unjust enrichment and misappropriation. The corporate’s authorized staff is in search of financial damages, punitive damages and attorneys’ charges in compensation.