ConnectU Founders Still Trying to Collect that Facebook Settlement Money (from Their Former Attorneys)
Last February, Facebook settled a long-running set of lawsuits with erstwhile rival ConnectU, in a cash-and-stock payment for what was basically a purchase of ConnectU. But the year before, ConnectU founders Cameron Winklevoss, Tyler Winklevoss and Divya Narendra had dismissed the law firm representing them, Quinn Emanuel Urquhart Oliver & Hedges. The settlement money, reportedly $65 million in cash and stock, was put in escrow for the ConnectU founders and the firm to divvy up.
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