Winklevoss Twins Lose Facebook Court Battle
12 Apr, 2011
It has been announced today that the twins who claimed Facebook founder, Mark Zuckerburg, stole their idea have lost their appeal to have the case re-opened.
A US appeals court rejected Cameron and Tyler Winklevoss’s request to reopen the $65m (£42m) legal settlement that was signed in 2008. The brothers’ claimed that Mr Zuckerburg stole their code and used it to build Facebook after they hired him to work on a networking site for them, when they all attended Harvard University together in 2003.
Facebook has repeatedly rejected the brothers’ claims and the court said it saw no reason to re-open the case against the social networking site.
According to the BBC, the judges said: “The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace.”
They added: “At some point, litigation must come to an end. That point has now been reached”
Facebook has over 500 million users and has made Mark Zuckerburg one of the youngest billionaires in the world.