Facebook Roundup: Lawsuit, Publisher, ‘White Flight’, Involver and Vaseline

Facebook Faces Another Ownership Lawsuit – Facebook came under a temporary asset restraining order this week after yet another person claimed to have had a stake in the company. Paul D. Ceglia filed a lawsuit in the Supreme Court of Allegany County in New York alleging that he owns 84% of Facebook per a 2003 contract he signed with Mark Zuckerberg. Facebook has requested the case be moved to federal court.

Ceglia claims he and Zuckerberg signed a contract stipulating that Zuckerberg would design a web site for a $1,000 fee and Ceglia would retain a 50% stake, with an additional 1% stake every business day until Jan.

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