I believe the problem is that it isn’t just Steam keys. There’s apparently emails from Valve employees that state that it’s all versions of the game, and that seems to be the real crux here. And if that’s true it’s pretty shitty, and they might actually lose this.
Great game! I do have to mess with the settings since I think it’s way too grindy otherwise, but that’s just another plus for the game. Haven’t played the DLCs yet though…
Especially the first book of Wheel of Time famously has lots of similarities with LotR.