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
-
Calling all bloggers young and old! Show the world you care! Be a part of the " I Blog, I Care Movement ." Here are the rules on ...
-
Last MM, Lady Java presented a video from PINK - now, the twitterer presents 2011's one, true "Pink" lady, the absolutely smas...
-
If their jeans didn't suck so bad (losing their shape mid-day, shrinking in length when washed) I might be excited by this . Now, for s...
-
''Put someone's name in a circle, not a heart. Hearts break but circles go forever''.
-
No mood to go out today. Juz wanna have a good rest.. as the last few days had been VERY hectic for me- especially on last thursday. That da...
-
A "twitter marriage" comes to an end ... Emmy Awards 2010 nominees arrive: Watch Emmys Livestream, Facebook ... Emmy Awards 2010: ...
-
iM da tyPe oF giRl dAt bRinGs u 2 uR knEes iM tHe liTtle byTch U caNt wAit 2 pLeasE imAgeS oF me are noT haRd 2 fiNd Cuz iM rAcin tHreW uR h...
-
While walking down the street one day, a Corrupt Philippine Senator was tragically hit by a car and died. His soul arrives in heaven and is ...
Click Station
