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Winklevoss twins lose Facebook legal challenge, must abide by settlement, court rules


Cameron and Tyler Winklevoss, who claimed Facebook founder Mark Zuckerberg stole their idea, cannot get out of the settlement they reached with Facebook, the U.S. 9th Circuit Court of Appeals ruled Monday.

The Winklevoss twins, along with Divya Narendra, had agreed in 2008 to settle their claims, but had hoped a legal appeal would overturn the settlement, now worth in excess of $160 million because of the soaring value of the privately held company.

For the last six years, the Winklevosses have been brawling with Facebook over their contention that Zuckerberg ripped off his Harvard classmates to build the world's most popular social networking site.

A lower court had enforced the settlement.

 
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