Shrapnel
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Neon Machine settles lawsuit with former investors

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Neon Machine, the developer and publisher of the Web3 first-person shooter Shrapnel, announced it has settled an investor lawsuit filed in 2023.

Neon said it expects the settlement to be submitted for court approval in due course. By entering into this settlement agreement, Shrapnel looks forward to bringing this matter to a close.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.