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Cameron and Tyler Winklevoss: 2 Legit 2 Quit
Twins are challenging appeals court decision

There were many that probably thought the feud between Facebook founder Mark Zuckerberg and Cameron and Tyler Winklevoss was over when the courts awarded the pair $65 million. The twins didn’t think $65 million was enough money and appealed the case.

It looks like the Winklevoss twins will take the matter as far as they can to find a favorable settlement, even after the courts upheld the $65 million settlement in April of 2011. The long running legal battle between the twins and Zuckerberg stems from the allegation that Zuckerberg store the idea for Facebook from them. The story was dramatized in the movie "The Social Network".

The twins are challenging the appeals court ruling that forced them to take the $65 million settlement offer reached in 2008 and are taking the matter to the Supreme Court. Zuckerberg's legal team argued in a filing with the appeals court, "Facebook bargained for litigation peace. The time to end this litigation has long since passed."

Facebook's legal team believes the twins are having settlers' remorse.

The Winklevoss twins claim that the $65 million settlement was fraudulent because Facebook hid information from them and they want more money. The new legal proceedings do mean that Facebook and Zuckerberg can’t seek the dismissal of another suit filed in a Boston court. Facebook is facing suit by Paul Ceglia who claims he contracted with Facebook for a stake in the company.

The appeals court judge where the settlement of $65 million was affirmed was Judge Alex Kozinski. Kozinski stated, "At some point, litigation must come to an end. That point has now been reached." He also stated, "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."



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Douchebags!
By Choppedliver on 6/15/2011 7:37:36 PM , Rating: 5
When you look up Massengill in the dictionary, it should have a picture of the Winklevi

$65 million is obscenely rich to 99% of the population. Take your money and run you greedy bastards.




RE: Douchebags!
By someguy123 on 6/15/2011 8:06:29 PM , Rating: 2
I'm not really defending these guys for wasting all their time suing, but I'm sure most of that money went straight into their lawyer's slimy pockets.


RE: Douchebags!
By kaosstar on 6/16/2011 9:44:24 AM , Rating: 2
There's an old saying that the only ones who win in lawsuits are the attorneys.


RE: Douchebags!
By Shadowmaster625 on 6/17/2011 8:40:27 AM , Rating: 2
What they're doing is making sure ALL the money goes into the lawyers' pockets. Probably acting on the advice of those same lawyers.


RE: Douchebags!
By CharonPDX on 6/15/2011 8:45:23 PM , Rating: 2
At this point, I kind of hope that if they keep fighting, that they win everything they want, but that Facebook has crashed and burned before they get a dime...

Oh, sorry boys, you gave up $65 million to keep pursuing this. Now your massively increased percentage share is only worth $1 million (oh, wait, now $900k, nope, now $800k...) and you owe your lawyers $5 million....


RE: Douchebags!
By geeg on 6/15/2011 10:00:01 PM , Rating: 2
It is not about money.
It is about winning, or it is like getting more kills in DOTA even though you know you lost the game.


RE: Douchebags!
By jamesjwb on 6/16/2011 12:08:40 PM , Rating: 2
quote:
...it is about winning


I was banging 7 gram rocks, that's how I roll...


RE: Douchebags!
By SunTzu on 6/17/2011 6:11:43 AM , Rating: 2
I have one gear, GO!


RE: Douchebags!
By mars2k on 6/16/2011 12:58:00 PM , Rating: 2
While I don't agree with the phrasing I can't pass up the chance to expand on your epithet.

If these twins are douchbags then we should call them by their given names...Vineger and Water. V & W Winkelvoss got left holding the bag.
How would one get much funnier?

OK so these guys are not wasting their time if they appeal and make more money then it will be worth it. If not then yes they haven't just wasted their time they've wasted everybody else's plus a lot of resources.

$65 mill is a lot but $130 mill is more


RE: Douchebags!
By RivuxGamma on 6/18/2011 9:47:50 AM , Rating: 2
Ordinarily, I would be opposed to this kind of action, but it's against Facebook, so I'm all for it.

Plus, look at their faces; they're totally gay for each other.


type o
By Ben on 6/15/2011 8:16:10 PM , Rating: 5
quote:
stems from the allegation that Zuckerberg store the idea

I would think this should read "stole" the idea




RE: type o
By ClownPuncher on 6/16/2011 11:42:05 AM , Rating: 1
Don't be racist.


Well the greedy twins...
By WoWCow on 6/15/2011 7:38:52 PM , Rating: 2
quote:
The Winklevoss twins claim that the $65 million settlement was fraudulent because Facebook hid information from them and they want more money


Ok, I will fix that!

quote:
The Winklevoss twins claim that the $65 million settlement was fraudulent and they want more money


Honestly, if there was any reason to continue this act of futility and waste of taxpayers money (court process and appeals), its simply because the twins are greedy s.o.b who can't settle at 65 million dollars for an idea they couldn't execute.

I am not here to defend facebook, but the judge had it right the first time. Just IMHO
quote:
Kozinski stated, "At some point, litigation must come to an end. That point has now been reached." He also stated, "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."




RE: Well the greedy twins...
By cerx on 6/17/2011 11:53:43 AM , Rating: 2
It's civil court. Not really on taxpeyers' dime.


Dangit!
By djdjohnson on 6/16/2011 12:07:53 AM , Rating: 2
Dang Weaselvosses... or is that Weaselvossi?




RE: Dangit!
By wiz220 on 6/16/2011 11:09:46 AM , Rating: 2
I think it would just be Weaselvi ;)


Douchebags!
By Choppedliver on 6/15/2011 7:37:36 PM , Rating: 1
When you look up Massengill in the dictionary, it should have a picture of the Winklevi

$65 million is obscenely rich to 99% of the population. Take your money and run you greedy bastards.




Intellectual Property
By Raiders12 on 6/16/2011 8:03:48 AM , Rating: 1
This just goes under the abused intellectual property rights people like to use to their advantage. There's no real way to prove anything.
$65 Mil is a huuuuge chunk of change, change I'm sure 99.2% of the population would gladly take.
Sorry boys, you may have "thought" of the idea, but you did not write the code or execute it. Either way you still needed Zuckerburg to do all the heavy lifting. Get over it and suck on the bottle and sleep on your $65 million




Profitable?
By Motoman on 6/16/2011 3:22:23 PM , Rating: 1
...is FB even profitable? I had thought it hadn't turned a profit...ever.




"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser














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