A federal appeals court ruled on Monday in favor of Facebook founder, Mark Zuckerberg and against his Harvard University collegemates, as the court declared that they cannot undo their agreement on the dispute for the creation of Facebook.
Controversial Wanklevoss twins |
According to the 9th U.S. Circuit Court of Appeals Tyler and Cameron Winklevoss had more than enough sense to be well aware of what they were agreeing to when they agreed to an arrangement in 2008. That deal stated for a cash fine of $20 million to Zuckerberg along with only little ownership of Facebook. This decision was welcomed by their third classmate, Divya Narendra, who decided not to chase in the second lawsuit for undoing the agreement and settled with this decision.