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Winklevoss Twins petition to void court ruling
Cameron and Tyler Winklevoss are appealing a court ruling that says the twin brothers must abide by a 2008 settlement with Facebook and its co-founder Mark Zuckerberg.
The twins claim that Zuckerberg stole the idea for Facebook from them while they were all students at Harvard, but dropped their suit in a settlement that awarded them $20 million in cash and stock in the social networking website.The Winklevoss twins are asking that the settlement be voided because they claim to have discovered after the agreement that their stock was worth less than Zuckerberg had claimed in 2008.
Published: April 18, 2011
Sources: 9th Circuit Court of Appeals
Credits: Nathan Olivarez-Giles, Ben Welsh
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