Essentially.
The longer version is David Eddings was the Vice President of Business Development at Gearbox, and voiced Claptrap in Borderlands and Borderlands 2, for either very little or no extra pay. He left Gearbox, and CEO Randy Pitchford said some things about Eddings in an interview which led to a back-and-forth Twitter argument, allegations of assault and fraud against Pitchford, and a lawsuit. It was all big news while it happened but I can't find much info now about where it landed, except that Gearbox found somebody else to voice Claptrap after that.
I was kinda hoping they'd work things out and get him for the movie, but, alas...
This was my first thought back when they announced the film. I love the Borderlands games, but they're like 90% proc-gen guns and bullet-sponge enemies, and 10% narrative. Without a dramatically punched up story, this movie was doomed from the start to be a hammy Hollywood version of a "Let's Play" video.