Zuckerberg says ownership suit a 'fraud'

Facebook and its founder Mark Zuckerberg urged a court to throw out a lawsuit by a man claiming a 50 percent ownership stake in the social networking website.

mark_zuckerberg_100901_L_getty_603939804
Facebook Inc and its founder Mark Zuckerberg urged a court to throw out a lawsuit by a New York man claiming a 50 percent ownership stake in the social networking website, calling the lawsuit "a brazen and outrageous fraud."

In a filing with the U.S. District Court for the Western District of New York, Facebook and Zuckerberg called the plaintiff Paul Ceglia "an inveterate scam artist whose misconduct extends across decades and borders."

Ceglia had contended in an amended complaint filed on April 11 that he and Zuckerberg, then a student at Harvard University, had entered a contract giving him ownership of 50 percent of Zuckerberg's interest in Facebook.

A lawyer for Ceglia declined immediate comment.


Share

1 min read

Published

Updated

Source: Reuters



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world