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Appeals Court Shoots Down Facebook Suit

  • Reuters, Wednesday, December 30, 2015 2:07 PM
A New York state appeals court has thrown out Facebook’s malicious prosecution lawsuit against the law firms representing a fugitive who claimed a 50% stake in the social giant. “Reversing a lower court ruling, the Appellate Division in Manhattan rejected ‘conclusory’ allegations by Facebook … that the firms knew or should have known that their client Paul Ceglia's case was fraudulent,” Reuters reports.

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