In a status report filed on Thursday with the U.S. District Court of Massachusetts, the twins and their business partner, Divya Narendra, said they would move the court for discovery on whether Facebook “intentionally or inadvertently suppressed evidence” during settlement proceedings over claims that Zuckerberg stole their idea for a college social networking website.
The claim in the Massachusetts Court relates to documents and communications that would have thrown light on the exact relationship between the twins and Zuckerberg at the time of Facebook’s founding and says that Facebook should have disclosed those documents during the original settlement discussions.
The original settlement was intended to resolve a feud over whether Zuckerberg stole the idea for what became the world’s most popular social networking website from the Winklevosses, who like him had attended Harvard University. Their battle was dramatized in the 2010 film “The Social Network.
After agreeing to the cash-and-stock accord, the Winklevosses sought to undo it, saying it was fraudulent because Facebook hid information from them, and that they deserved more money.
Tyler Meade, counsel for the Winklevoss twins and Narendra, declined to comment.
In a statement, Facebook’s outside counsel Neel Chatterjee said, “These are old and baseless allegations that have been considered and rejected previously by the courts.”
In my opinion, this is the same subject matter as the previous suit which was settled by all parties. they claimed in their appeal ( which they lost) that they did not get access to all of the books and records of FACEBOOK at the time of settlementand that the company was undervalued. I predict that this case will be thrown out of court, but we will wait and see what happens.
Thanks to Jochelle Mendonca and Reuters, and
Thanks for “listening”
Howard
The Neu Facebook
