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Facebook lawyer unsure if Zuckerberg signed '84 percent' contract

Written by Andre Yoskowitz @ 21 Jul 2010 2:20 User comments (8)

Facebook lawyer unsure if Zuckerberg signed '84 percent' contract 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.

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8 user comments

121.7.2010 16:41

Oh Lord, please let them be sure he did sign.

221.7.2010 18:07

What a joke. but seeing how its mid year it is silly season soo bring on the lawsuits.

321.7.2010 19:39

This is the funniest lawsuit I have ever seen in my life, because it might actually go through.

Best $1000 investment evar.

421.7.2010 22:17

I did the same thing with Steve Jobs back in the early day's.
But mine was a $2000 investment at 10% per day till the year 2011.

522.7.2010 05:49

Zuckerberg DESERVES a massive screwing, so I'd be pleased to see this other guy win.

622.7.2010 13:50

Originally posted by xnonsuchx:
Zuckerberg DESERVES a massive screwing, so I'd be pleased to see this other guy win.
Why, what did he do?

722.7.2010 16:32

Probably be thrown out, but go for a bit moe the other guy will want to have the orginal bit of paper though.

but I do find it odd that 3-4 years later it's oh oh I signed this and I'm just hitting you guys up with it now.

824.7.2010 00:27

Originally posted by xtago:
but I do find it odd that 3-4 years later it's oh oh I signed this and I'm just hitting you guys up with it now.

Facebook wasn't worth $1 billion three years ago.


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