A U.S. Court of Appeals held, Monday, April 11, that the amicable settlement between the brothers Winklevoss and Mark Zuckerberg, concluded in 2008, was valid and would not be canceled, as requested by the twins. Made famous by the movie The Social Network, Winklevoss brothers and a third partner, hired Mark Zuckerberg, while they were students at Harvard to work on a social networking project called "ConnectU".
They accused Mark Zuckerberg of having deceived them and stealing some of their work to launch its own site, The Facebook. In 2008, Mark Zuckerberg and his former partners had reached an amicable agreement, including compensation estimated at 65 million. But the twins Winklevoss now challenged that amount, saying it was based on an incomplete recovery of the company - they accuse Zuckerberg of concealing evidence that the value of Facebook was much higher than the figures used by the courts .
The twins had therefore initiated a new procedure, mandating that mutual agreement is lifted, opening the possibility of a new trial. The court ruled against them, but the brothers plan to appeal the decision. A COMPLAINT OF A STRANGE UNKNOWN Both complainants are not the only ones to claim a share of the social network.
Paul Ceglia, a man who had filed a complaint against Mark Zuckerberg last July by claiming he owned 50% of Facebook under an agreement dating from 2003, filed a new complaint, with new documents. Mr. Ceglia, already sentenced for fraud, says Mark Zuckerberg had contacted via the classifieds site Craigslist in 2003, and have funded the launch of a social network in exchange for 50% stake in the company .
Mr. Ceglia has provided the new legal documents, including emails and a canceled check, which he presents as evidence of his agreement with Mr. Zuckerberg. In July, Facebook has said that the contract presented was a fake. Requested by Business Insider on content of emails, which would tend to show that Mark Zuckerberg has reached an agreement and then tried to retract when the site began to grow, the social network says it is also false. 
They accused Mark Zuckerberg of having deceived them and stealing some of their work to launch its own site, The Facebook. In 2008, Mark Zuckerberg and his former partners had reached an amicable agreement, including compensation estimated at 65 million. But the twins Winklevoss now challenged that amount, saying it was based on an incomplete recovery of the company - they accuse Zuckerberg of concealing evidence that the value of Facebook was much higher than the figures used by the courts .
The twins had therefore initiated a new procedure, mandating that mutual agreement is lifted, opening the possibility of a new trial. The court ruled against them, but the brothers plan to appeal the decision. A COMPLAINT OF A STRANGE UNKNOWN Both complainants are not the only ones to claim a share of the social network.
Paul Ceglia, a man who had filed a complaint against Mark Zuckerberg last July by claiming he owned 50% of Facebook under an agreement dating from 2003, filed a new complaint, with new documents. Mr. Ceglia, already sentenced for fraud, says Mark Zuckerberg had contacted via the classifieds site Craigslist in 2003, and have funded the launch of a social network in exchange for 50% stake in the company .
Mr. Ceglia has provided the new legal documents, including emails and a canceled check, which he presents as evidence of his agreement with Mr. Zuckerberg. In July, Facebook has said that the contract presented was a fake. Requested by Business Insider on content of emails, which would tend to show that Mark Zuckerberg has reached an agreement and then tried to retract when the site began to grow, the social network says it is also false.
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- Mark Zuckerberg's Harvard colleagues lose appeal in Facebook founder dispute (11/04/2011)
- Take A Breath, Mark Zuckerberg! The Winklevoss Are Off Your Back At Last! (12/04/2011)
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