Winklevoss Brothers’ Denied Bid to Reopen Facebook Case
Posted: May 17th, 2011 | Author: Giselle Chin | Filed under: Copyright, Internet, Media | No Comments »As recently made famous on the silver screen, Cameron and Tyler Winklevoss’ legal battle with Mark Zuckerberg seems to be coming to an end. The initial cash and stock settlement, valued at $65 million (US), was claimed to be unfair by the twins because Facebook hid its true value from them at the time. However, the 9th U.S. Circuit Court of Appeals in San Francisco refused to change the decision recently in April and yesterday rejected the twins’ request to have an 11-judge panel review its earlier ruling. The court did not provide a reason.
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