Winklevoss Twins File Yet Another Facebook Appeal
Winklevoss Twins File Yet Another Facebook Appeal
Posted 04/20/2011 at 12:51pm
| by Paul Lilly
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We're not calling the Winklevoss twins insane, but if Albert Einstein were still alive, he might come to that conclusion. After all, he's the one who famously (and supposedly) said that insanity is the belief that one can get different results by doing the same thing. That pretty much describes the Winklevoss twins, who filed yet another appeal in an ongoing and uphill legal battle against Facebook for a larger slice of the social networking site's pie.
Back in 2008, Cameron and Tyler Winklevoss settled a dispute against Facebook alleging that Mark Zuckerberg stole their idea for the social networking site. The settlement included $20 million in cash plus stock worth about $140 million. But the Winklevoss twins want out of that settlement and are seeking a bigger payday.
They've so far been unsuccessful, most recently by a three-judge panel of the 9th U.S. Circuit Court of Appeals that ruled against them. According to a report in The Wall Street Journal, the twins' legal team is asking for another appeal, this time with a special 11-judge panel.
It's an interesting move, considering what the judge had to say in their last go-round.
"For whatever reason, they now want to back out," chief justice Alex Kozinksi summarily said. "Like the district court, we see no basis for allowing them to do so. At some point, litigation must come to an end. That point has now been reached."
Apparently not.
Image Credit: inquisitr.com
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TRYER
April 22, 2011 at 6:14pm
I am sure the Winklevoss's think that if they created their so called "Facebook" first. They would be doing as well as Zuckerburg. But that is not the case. They could of flopped big time.
I Hope they get sued, for trying to back out of the agreement that they already accepted.
phroderick
April 20, 2011 at 4:30pm
If there's any justice in all this, their entire (final) settlement will go to their lawyers. Unfortunately, the Winklevoss' lawyers are probably working on contingency.
Phrish
April 20, 2011 at 4:28pm
Can the new panel of judges take away their previous settlement? I'd love to see that!
Eoraptor
April 20, 2011 at 4:14pm
It's this kind of bald--faced moneygrabbing that casts a bad name on upwardly mobile yuppies ever-*cough*
Sorry, I just couldn't type that with a straight face. Is there a rational person out there who buys for a moment that htis is anything other than a yuppie p***ing contest about who has the best lawyers and therefore gets the biggest piece of the pie before it collapses?
If I were either ont of thise grinning sychophants, I'd take my money and run before someone invents the next facespace, which will do to facebook what facebook did to myspace.
Biceps
April 20, 2011 at 2:24pm
That's funny, I thought Facebook was MySpace's idea....
These two claim to have been smart enough to have come up with the entire idea for Facebook, THEN they claim they (and their gigantic team of lawyers)were dumb enough to be fooled (again) by the same people who supposedly stole 'their idea' in the first place?? LOL. And you guys went to HARVARD? Wow. Losers.
mdahlke4@gmail.com
April 20, 2011 at 2:17pm
How much?? 20 mill in stock, which wil ONLY get bigger
And 140 MIll in CASH. For 'F' Sake... how Effin greedy are you sonsabitches???
Do the world a favor... take the money and give it to charity!!
Do some good in your pathetic ass-face life.
Split the damn stock. What? cant handle 10 million each??? oh poor ass faces,...
iceman08
April 20, 2011 at 4:00pm
I think its 20 mil in cash and 140 mil in stock. That's unacceptable in today's wall street society
someuid
April 20, 2011 at 1:55pm
With the last name of Winklevoss, and being twins, and those polished, macho smiles, they look like the antagonists out of a Walt Disney Teen Coming Of Age movie.
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