Thursday, December 30, 2010

Winklevoss Twins Begin Their Facebook Controversies Again With another Law Suite

The two names made very well famous after the Armi Hammer’s The Social Network, Cameron and Tyler Winklevoss, are apparently not done with pulling legal action against Facebook as yet. The 29-year-old twins are outwardly considering their share of value of $65 million very unsettled and unfair, which they themselves agreed to close the matter upon back in 2008. The twins have now surprisingly  are entangled Facebook along with its CEO Mark Zuckerberg with yet another enduring court case proceedings stating that the actual net value company of the company at the time decision was made, was not disclosed properly, according to recently leaked court documents at hand.

Originioally the actual case was filed against Facebook back in the day, by the Winkelvoss’s Brothers in 2004 declaring that Zuckerberg broke had broke an oral contract with the clients, and hence stolen their idea of creating ConnectU (originally dubbed the Harvard Connection) to lay the foundation of his website Facebook.com, which was named as TheFacebook.com at the time. And the allegation went further than Zuckerberg only steeling their potential idea, as they also stated that Zuckergberg deliberately had had them delayed so he could meanwhile prepare his own website and get it online first.
This case was formerly finished for an agreed settlement $65 million in 2008 though now in another ongoing lawsuit claims, Facebook and Zuckerberg have been accused of “not volunteering a more recent valuation of different Facebook stock.”
Whereas Facebook justified itself today in a statement, where it quoted that “There is no new litigation between Facebook and the Winklevosses,” and further added on their legitimate appeal that “The filings referred to in the Daily Mail and other articles are simply the filings by Facebook and the Winklevosses in the Winklevosses’ now two-year-old, thus far unsuccessful attempt to undo their 2008 agreement to settle the parties’ dispute.”

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