Founder of Facebook's Oculus hit with lawsuit

INTERESTING DEVELOPMENT: Luckey is accused of breaking a confidentiality agreement and using information he learned from his partnership with Total Recall Technologies when he launched a Kickstarter campaign for his own head mounted display called the Oculus Rift, according to the lawsuit.

SAN FRANCISCO: The founder of virtual reality glasses maker Oculus VR Inc, acquired by Facebook Inc for US$2bil (RM7.20bil), has been accused of taking confidential information he learned while working with another company and passing it off as his own, according to a lawsuit filed this week. 

The plaintiff, Hawaii-based company Total Recall Technologies, said it hired Oculus founder Palmer Luckey in 2011 to build a prototype head mounted display. Luckey signed a confidentiality agreement, according to the lawsuit filed on May 20.