Paul Ceglia Claims to Own 84-Percent of Facebook, Zuckerberg Disagrees
Facebook, of course, dismisses Ceglia's suit as frivolous, and, in a statement, vowed to "fight it vigorously." In response to the suit, Allegheny County Judge Thomas Brown ordered that all of Facebook's transfers be frozen -- an order that the company is asking a federal judge to strike down.
The Wall Street Journal got its hands on a copy of the contract, and pointed out some interesting peculiarities. The terms of the contract, for example, don't specify what other services Ceglia would provide for Zuckerberg besides the $1,000 fee. The date of the contract also conflicts with earlier accounts of Facebook's creation. Zuckerberg created a forerunner to Facebook in October and November 2003, called Facemash, but didn't register the domain name 'thefacebook.com' until January 2004.
Ceglia, it should be noted, already has a curious legal history. In 2009, New York Attorney General Andrew Cuomo filed a suit against Ceglia's wood-pellet fuel company, alleging that he and his wife took $200,000 from customers without delivering products or refunds. According to the Attorney General's office, the case is ongoing. All things considered, then, we don't think it's very likely that this suit will go that far -- especially considering how many accusations of partial ownership Facebook's already deflected. As SecondMarket managing director Adam Olivieri says, "I think people will read this and take it to be a lawsuit that will be dealt with pretty quickly by Facebook." [From: Reuters and Wall Street Journal, via: Huffington Post]