Winklevoss twins say Facebok CEO Zuckerberg not a thief

Written by: Abdul Nisar
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California, Jun 23: Finally, the Facebook founder and CEO Mark Zuckerberg starts smiling! It seems like Facebook has managed to settle one of its longest legal battle. Winklevoss twins, who accused Zuckerberg of stealing their idea for Facebook, have decided not to move to US Supreme Court challenging a Federal Judge's rejection of their claims.

The identical twins Cameron Winklevoss and Tyler Winklevoss were classmates of Zuckerberg at Harvard. Winklevoss twins along with Divya Narendra challenged Zuckerberg claiming that he stole the idea of Facebook from their company called ConnectU while at Harvard.

Earlier in 2008, the trio agreed a $65 million settlement with Zuckerberg, but later challenged Facebook founder saying that he had misrepresented the value of company stock. They argued that if Facebook had revealed their actual market value, they would have received more Facebook shares as part of the deal.

But, a federal court judge ruled out their demand and asked them to accept the cash and stock settlement with Facebook. Later, the twin"s attorney said they will take-up the issue to the US Supreme court.

The "appellants no longer oppose issuance of the mandate, and have no objection to vacatur of the stay of issuance of mandate," the court filing said.

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