Question(s) of the Week: Will Winklevoss Twins Appeal? Are Ceglia’s Zuckerberg Emails Real?

By Luisa Beltran — 5 years ago

Create your free online surveys with SurveyMonkey, the world’s leading questionnaire tool.

Mark Zuckerberg this week prevailed in a suit brought by Tyler and Cameron Winklevoss, but another lawsuit against the Facebook founder gained new life.

Earlier this week, the Ninth Circuit Court of Appeals ruled that the Winklevoss twins can’t undo a settlement with Facebook. The twins had sued Zuckerberg, claiming he stole their idea for Facebook after they brought him on as a developer for a Harvard social network. The twins agreed to settle the case for $65 million in cash and stock, but they later went back to court, saying the settlement was unfair because Facebook hid information from them about the company’s true value. (Facebook is currently valued at more than $50 billion on secondary market exchanges.) The high court said the twins were outsmarted fair-and-square and should just accept the deal.


Court Says Winklevoss Twins Must Accept $65M Settlement with Facebook

By Reuters News — 5 years ago

(Reuters) – Mark Zuckerberg won the latest legal battle against former Harvard classmates who accuse him of stealing their idea for Facebook, a multimillion-dollar feud made famous on the silver screen. Cameron and Tyler Winklevoss must accept a settlement with Facebook that had been valued at $65 million, a U.S. appeals court ruled on Monday. […]