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Lawsuit Takes Aim At Winklevoss Twins

Oh, the irony. A Boston software developer is reportedly getting his day in court to argue for a cut of the Winklevoss twins' $65-million settlement with Facebook. In a lawsuit, the developer contends that he and his former company were blocked from receiving any money in the Winklevoss twins' 2008 settlement with Facebook through actions taken by Cameron and Tyler Winklevoss, their company ConnectU, and their law firm.

The National Law Journal has the full story, but you'll need a subscription. According to The Los Angeles Times, the software developer claims in his suit that he formed the Winklevoss Chang Group partnership with the Winklevoss twins to specifically own and operate jointly the social networking site ConnectU and the peer-to-peer file-sharing site and application i2hub.

His 50% stake in the Winklevoss Chang Group therefore entitles the developer to half of the twins' 2008 settlement with Facebook, he believes. Meanwhile, as The LA Times notes, the twins have been trying to get out of their Facebook settlement in suits of their own against the social network.

Read the whole story at Los Angeles Times »

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