Andre Yoskowitz
21 Jul 2010 14:20
Late last month, a man sued Facebook claiming he owns 84 percent of the social networking giant.
Paul Ceglia says he entered into a contract with Mark Zuckerberg, the CEO of Facebook, for a 50 percent share, doing so for $1000 USD. In addition, Ceglia says the deal granted him 1 percent extra of the company for every day until the Web site was completed after January 2004.
The site took 34 days to complete.
Reads the signed contract: In return for the $1000 payment, Ceglia "would own a 50 percent interest in the software, programming language and business interests derived from the expansion of the [Facebook] service to a larger audience."
Facebook immediately called the suit "frivolous" and said it expected it to be thrown out.
This week, a lawyer for Facebook has said she was "unsure" whether Zuckerberg signed the contract, giving credibility to Ceglia's case.
Said Facebook lawyer Lisa Simpson: "Whether he signed this piece of paper, we’re unsure at this moment."
The saga continues.