Cameron and Tyler Winklevoss, twin brothers who claim to have created the idea for Facebook, plan to appeal their case against the company to the U.S. Supreme Court, according to The Digital Home blog of CNET.com reports.
The Winklevosses originally sued Facebook in 2004. In San Francisco, the 9th U.S. Circuit Court of Appeals denied the brothers’ request for an en banc hearing on a recent opinion ordering them to accept a 2008 settlement deal with founder Mark Zuckerberg. The settlement gave the Winklevosses $65 million in cash and stock. Now the twins seek to void the settlement based upon a faliure by Facebook to disclose an accurate value of its shares when the settlement was reached. Legal commentators believe the odds are against the case being accepted by the high court.
Sources: http://www.abajournal.com/news/article/winklevoss_twins_say_theyll_appeal_facebook_case_to_scotus/
