Luos Syndicate

Luos was originally founded under the best of intentions: A corporate paradise, where everything was an open market and anyone with the credits could make their way. This lasted half a year before people realized it was completely legal there to steal each other's hard earned goods. Then it became little better than another pirate gang.

Where Luos was different, however, was its rigid power structure. Every member of the Syndicate, known as Associates, owned shares of the company, which had a fluctuating exchange rate for credits. The more shares you owned, the more powerful you were and more pull you had. Once a year, everybody in the Syndicate got to vote for the seats on the Board of Directors, with each share counting for one vote. The Board would decide where to take the Syndicate, and what to do with it.

Because of this strict power structure and control scheme, Luos was able to stake a major claim to many places in the outer rim. Playing it smart, they never attempted to claim anywhere near Blackhawk, Talon, or Federation space, opting instead to remain out of sight and strike from the shadows. With this strategy, they actually grew to be the largest pirate group in the galaxy, and later were the orchestrators of the Compact.

When it dissolved, they split off relatively unharmed, and managed to reclaim much of the territory they had pre-Compact, but it was never as large as it was before.

However, disaster struck when a disgruntled low level Associate betrayed the scope and location to the Federation. The Feds, fearing a repeat of the Libertas War two and a half decades prior, panicked and enacted a plan of mass retaliation, hoping to eliminate the Syndicate off the face of the galaxy. And eliminate they did. Though small remnants of the Syndicate still pop up in obscure systems, the Federation makes sure that the settlements there are bombarded out of existence.