Thursday, April 14, 2011

Does the Man Suing for 50 Percent of Facebook Actually have a Case?

Facebook CEO Mark Zuckerberg has a knack for attracting high-profile litigation — just this week a U.S appeals court shot down a long-running lawsuit brought by twins Cameron and Tyler Winkelvoss, who claim that Zuckerberg stole their idea to create Facebook.

But just as that conflict simmers down, a similar one is heating up.

On Tuesday, businessman Paul Ceglia filed a complaint in federal court claiming he's entitled to half of Zuckerberg's estimated $13.5 billion fortune.

As proof, Ceglia has produced a series of years-old email exchanges with Zuckerberg that cast the Facebook CEO as a backstabbing business partner. Though Ceglia has some skeletons in his closet, the fact that he's retained the well-respected law firm DLA Piper suggests he might just have a case.