Facebook gets enforcment of settlement in Winklevoss case

“Cameron and Tyler Winklevoss must accept a cash and stock settlement with Facebook that had been valued at $65 million, a U.S. appeals court ruled on Monday.”

As depicted in the recent “The Social Network” movie, the Winklevoss twins claim they were stifled by Facebook founder Mark Zuckerberg in launching what has been reprted to be a Facebook like website. The claim has been settled but the Olympic rowers are far from please with the $65 million and Facebook share deal offered.

They have announced thier willingness to take this higher with a sophisticated team of lawyers ready to punce yet again to 9th Circuit judges who could overrule the 3 judge ruling against them to accept the settlement, beyond that they could go to US supreme court but it’s not looking good for them.

via Winklevoss twins must accept Facebook deal – court | Reuters.


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