Ceglia says Facebook e-mails exhibit he owns 50%

Posted by BBC News on Apr 13th, 2011 and filed under Tech News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

  • Share
  • Share

Tech News : Ceglia says Facebook e-mails exhibit he owns 50%

spaul-ceglia(BBC News Blog) – Paul Ceglia, a whole new York resident who sued Mark Zuckerberg previous year for 50% ownership of Facebook, has re-filed his complaint with e-mails that he says prove his circumstance.

The amended complaint, filed Monday in New york district court, alleges that Ceglia and Zuckerberg signed a agreement in April 2003 that gives Ceglia 50 percent ownership of what is now Facebook.

The alleged contract also says that Ceglia would very own 50% in the “software, programming language and enterprise interests” of Facebook. That contract was integrated in Ceglia’s go well with from 2010. (Click on right here to view the agreement.)

Ceglia re-filed the suit on Monday with high-profile law firm DLA Piper, and he incorporated various alleged e-mails between him and Zeuckerbrg from July 2003 to July 2004. The amended grievance was first noted by Organization Insider.

“This is usually a fraudulent lawsuit introduced by a convicted felon, and we look forward to defending it in court,” stated Facebook’s legal counsel, Orin Snyder of Gibson, Dunn & Crutcher. “From the outset, we’ve reported that this scam artist’s claims are ridiculous and this newest complaint is no better.”

What’s in the e-mails: The purported e-mails started off mundane, with the two men weighing the possibility of charging a monthly fee for Facebook or entering into a licensing agreement with Harvard University.

But the correspondence devolved when Zuckerberg asked for more funding and a waiver on the ownership agreement, blaming the development delay on Ceglia’s multiple requests for extra work on the StreetFax site.

“I’m starting to think you just blew that money Mark,” read the response from Ceglia, whose grasp of grammar appears shaky. “You know perfectly well that you can’t just take a persons investment and then spend it on women and beer or whatever you do up there in Harvard.”

Ceglia then threatened to call Harvard and “perhaps your parents in Dobbs Ferry and let them know whats been going on.”

A few weeks later, Zuckerberg complained about a clause in the agreement that entitled Ceglia to an additional 1% of Facebook for every day of delay after January 1.

The final e-mail integrated in the go well with was a July 22, 2004, mea culpa from Zuckerberg: “Paul, I am guessing that you don’t want to talk to me but I wanted to say happy birthday and that I hope to resolve our differences. I see that what I did was wrong and I am really sorry that I behaved as I did…”

The complaint alleges that at the time of that e-mail, Zuckerberg “had received or was about to receive funding from angel investors and was in the process of meeting with venture capital funds to provide additional capital. At no time did Zuckerberg inform Ceglia of these facts.”

The criticism goes on to accuse Zuckerberg of multiple types of fraud and misappropriation of assets.

Incidentally, one with the e-mails seems to reference the Winklevoss twins, who lost their own appeal against Facebook on Monday.

A November 2003 e-mail from Zuckerberg read: “I have recently met with a couple of upperclassmen here at Harvard that are planning to launch a site very similar to ours. If we don’t make a move soon, I think we will lose the advantage.”

Back To : Tech News

Related posts:

  1. Facebook Opens Door to New Data Middle, Invites the world In
  2. Facebook extends hand to rivals with technical initiative


Leave a Reply


WordPress Themes

Popular Search

Free WordPress Theme
All Rights Reserved BBC News Blog - Created by: Bunny Chum - Sponsored By: Hacking Tutorials | Quit Smoking | Lord Jesus

Please Note: We are not Affiliated with BBC News in Anyway.