AfterDawn: News

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.

Written by: Andre Yoskowitz @ 21 Jul 2010 14:20

• Previous article

• Verizon to introduce tiered smartphone data plans this month?

• Next article

• 55.5 percent of Android phones now running 2.1 Eclair

• 8 comments

• Mysttic

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

  21.7.2010 16:41 #1

• borhan9

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

  21.7.2010 18:07 #2

• Notcow

  This is the funniest lawsuit I have ever seen in my life, because it might actually go through.
  
  Best $1000 investment evar.
  

  21.7.2010 19:39 #3

• xenomorphic

  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.
  

  I'm not sure she can deliver that over the net, unless it involves the use of your vacumn cleaner and her making slurpy noises

  21.7.2010 22:17 #4

• xnonsuchx

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

  22.7.2010 05:49 #5

• cart0181

  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?
  

  22.7.2010 13:50 #6

• xtago

  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.

  22.7.2010 16:32 #7

• DVDBack23

  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.
  
  
  

  AfterDawn News
  AfterDawn Guides
  AfterDawn Downloads
  AfterDawn Hardware Section
  
  

  24.7.2010 00:27 #8