Shit's getting ugly. TL:DR, Pitchford has gotten into a legal battle with former Gearbox general counsel Wade Callendar, with both sides accusing and suing each other for fraudulent behavior. Callendar's accused of taking out six-figure loans from the company for personal use and not repaying them, while Callendar claims Randy failed to pay him for services rendered and forced out when he made a stink.
Now things have gotten real nasty with personal attacks, and Callendar now claims that Pitchford had a USB of underage child porn, and used Gearbox funds to pay for peacock parties.
Personal Take: this is pretty viscous. If someone accuses someone of having child porn, you'd better have some ironclad proof for it.