Cameron and Tyler Winklevoss, who claimed Facebook founder Mark Zuckerberg stole their idea, cannot get out of the settlement they reached with Facebook, the U.S. 9th Circuit Court of Appeals ruled Monday. The twins had alleged they were misled about Facebook's value when they agreed to settle their lawsuit that claimed Zuckerberg stole their idea to launch the social network.
The twins agreed two years ago to a settlement that netted them US$20 million in cash and US$45 million worth of stock valued at US$36 per share.
In a statement Monday, Facebook's deputy general counsel, Colin Stretch, said: "We appreciate the 9th Circuit's careful consideration of this case and are pleased the court has ruled in Facebook's favor."
Popular Posts
-
Welcome to the Friday Linky Freebies! Feel free to leave your blog url and links here – yes, for free. No strings attached. If you’d also l...
-
I'd like to share with you a message I'd received from my googlegroups. It is not stated as to who originally wrote this piece but t...
-
Wikipedia defines "insurance" as "...a form of risk management primarily used to hedge against the risk of a contingent, un... -
Basilique Soundscape Le festival de cette année à la basilique Hudson est Septembre 11-13. Et la gamme de la musique initiale de ce est mai... -
Late-night comedienne Chelsea Handler took a jab at Nick Cannon on her Twitter feed -- (making fun of celebrities is what she does) -- Canno... -
I was starving after I my workout today--had the day off from the j.o.b. :) I came home, chopped some fresh brocolli and green bell pepper. ...
-
If you want to inspire someone, the book I Wish You Enough by Bob Perks is an ideal gift book to give. This collection of true, inspirationa...
-
I had joined Harriet's August Challenge. Actually, it's my other blog that has joined it. I just wanted to share a few thoughts befo...
-
Rumours aplenty as the twittersphere awaits news of what twitter may have going on with Google. There have been hints that Google is buying ...
-
Entrecard is retiring its current marketplace and will be replacing it with a new one. The new market place entitled EC Market works simil...
