Winklevoss Twins Drop Facebook Lawsuit
Avoiding the Supreme Court, brothers accept old settlement
Facebook has dealt with a slew of lawsuits since its rise to prominence, but few as iconic as the legal battle between the social network giant and twin brothers Cameron and Tyler Winklevoss. Three years after being offered a settlement, the brothers have decided to drop their legal battle just short of the United States Supreme Court, instead taking the cash and stock options that they were offered back in 2008.
The Winklevoss brothers initially scoffed at the settlement offer for undervaluing their contributions to Facebook’s creation.
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