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Mark Zuckerberg and Facebook are constantly in the news, whether updating applications, disputing lawsuits, reaching the pinnacle of success on the internet or being The Time Magazine Person of the Year!
Showing posts with label paul ceglia. Show all posts
Showing posts with label paul ceglia. Show all posts
Wednesday, August 18, 2010
Paul Ceglia Produces Another Cancelled Check As "Proof"
Tuesday, August 10, 2010
Facebook Ownership Controversy is Global
Here's an article on the Facebook ownership controversy from as far away as India. This is a small world nowadays and if there is a global website anywhere it's Facebook. There are millions of Facebook users around the world and everyone is watching and waiting to see this resolved.
June
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CEO Says won't Have to Give up Facebook Stake
Techtree News Staff, Jul 21, 2010 1407 hrs IST
Zuckerberg says we did not sign a contract that says that they have any right to ownership over Facebook
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UPDATE: Regarding claims made my Paul Ceglia and Facebook lawyer Lisa Simpson saying they are unsure if the contract was actually signed, Zuckerberg has something to say. He clarified his stand on this case and said that he hasn t signed any contract with Ceglia and doesn t owe him 84 percent stake in Facebook. Mark Zuckerberg, in a TV interview with Diane Sawyer, ABC World News, said, If we said that we were unsure, I think that was likely taken out of context. Because I think we were quite sure that we did not sign a contract that says that they have any right to ownership over Facebook.
We recently reported that Paul D. Ceglia pulled Facebook owner Mark Zuckerberg to court for a contract that was signed in April 2003 entitling Cegalia 84 percent ownership of Facebook. A hearing of lawsuit was held where Lisa Simpson, Facebook's Lawyer and Ceglia's attorney Terrence Conners were present at federal court in Buffalo, New York.
Facebook responded the lawsuit filed in state court by taking the matter to the federal court where its lawyer Lisa Simpson told Judge Arcara, "Whether he signed this piece of paper, we're unsure at this moment," according to a Bloomberg report. Well, that certainly is a shocker. Simpson also reportedly said the company has "serious questions" about the document's authenticity.
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I rather expect that this saga will continue for some time to come. I have no doubt that Mark Zuckerberg can afford good legal representation to protect his interests.
June
June
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CEO Says won't Have to Give up Facebook Stake
Techtree News Staff, Jul 21, 2010 1407 hrs IST
Zuckerberg says we did not sign a contract that says that they have any right to ownership over Facebook
Share
UPDATE: Regarding claims made my Paul Ceglia and Facebook lawyer Lisa Simpson saying they are unsure if the contract was actually signed, Zuckerberg has something to say. He clarified his stand on this case and said that he hasn t signed any contract with Ceglia and doesn t owe him 84 percent stake in Facebook. Mark Zuckerberg, in a TV interview with Diane Sawyer, ABC World News, said, If we said that we were unsure, I think that was likely taken out of context. Because I think we were quite sure that we did not sign a contract that says that they have any right to ownership over Facebook.
We recently reported that Paul D. Ceglia pulled Facebook owner Mark Zuckerberg to court for a contract that was signed in April 2003 entitling Cegalia 84 percent ownership of Facebook. A hearing of lawsuit was held where Lisa Simpson, Facebook's Lawyer and Ceglia's attorney Terrence Conners were present at federal court in Buffalo, New York.
Facebook responded the lawsuit filed in state court by taking the matter to the federal court where its lawyer Lisa Simpson told Judge Arcara, "Whether he signed this piece of paper, we're unsure at this moment," according to a Bloomberg report. Well, that certainly is a shocker. Simpson also reportedly said the company has "serious questions" about the document's authenticity.
Read More
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I rather expect that this saga will continue for some time to come. I have no doubt that Mark Zuckerberg can afford good legal representation to protect his interests.
June
Labels:
civil suit,
facebook ownership,
lawsuit,
mark zuckeberg,
paul ceglia
Tuesday, August 3, 2010
Paul Ceglia Files A Lawsuit Following His Arrest

According To The Buzz Log Facebook Owner Mark Zuckerberg admits he signed a contract with Ceglia when he worked for him in 2003. Paul Geglia files a lawsuit stating that he owns 84% of the company. He says he had forgotten all about the contract until he was arrested recently, then he started looking through some old files and found it. It must have felt like buried treasure!
The article below is from an interview on Bloomberg.com
June
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Facebook Would-Be Owner Says He Owes His Claim to Arrest
By Bob Van Voris - Aug 2, 2010 12:01 AM EDT
Paul Ceglia, who claims in a lawsuit that he owns 84 percent of Facebook Inc., said his case wouldn’t have been possible if state troopers hadn’t come to his house in October to arrest him for fraud.
Ceglia’s arrest and a suit by New York Attorney General Andrew Cuomo two months later, both the result of complaints related to his startup wood-pellet business, got him looking through old files to find assets to pay back customers, he said in an interview in his home in Wellsville, New York. One of those files held a forgotten 2003 contract with Mark Zuckerberg, now chief executive officer of Facebook, he said.
Ceglia, 37, a self-described environmentalist from western New York who wants to legalize drugs and has views on the evils of central banks, claims the contract entitles him to most of the company. If true, the claim, which would give him control of the world’s most-popular social networking service, would be worth about $21 billion, given estimates of the company’s value.
“If this thing hadn’t happened the way it happened, no way I would have ever started looking through these ancient folders,” Ceglia said of his pellet problems. “That contract would just be sitting in there gathering dust.”
In the weeks since Ceglia came to public attention with his lawsuit against Palo Alto, California-based Facebook and Zuckerberg, filed June 30 in New York state court, observers have been asking why he took so long to make his claim. His answer, it turns out, was he forgot about it.
Facebook said a photocopy of the contract, filed as an exhibit to the lawsuit, is a phony.
‘Absurd’
“Ceglia’s claims are absurd and his lawsuit is frivolous, if not outright fraudulent,” Facebook said in an e-mailed statement. “Ceglia has refused to produce the original contract and the copy we’ve seen is a forgery, with inconsistent margin sizes, inconsistent font sizes, and other glaring discrepancies,” the company said.
Ceglia, one of whose lawyers said the original is in a safe place, said he is eager to take on Zuckerberg, 26, and let a jury decide whether the contract is genuine.
“I’m coming after him,” Ceglia said. “A deal’s a deal.”
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Isn't it strange that this "deal" was entirely forgotten for so many years? Paul Ceglia files a lawsuit 7 years later and Mark Zuckerberg doesn't remember signing ownership away. It's going to get interesting!
June
Tuesday, July 27, 2010
Is Mark Zuckerberg In Danger If Losing The Civil Suit Over FACEBOOK?

What a Mess for Facebook! Mark Zuckerberg claims that he doesn't think he signed any such contract, while Paul Ceglia claims to have lots of evidence that he should own 84% of Facebook. I wouldn't want to bet of how this will work out.
I found this article about an interview that Paul Ceglia had with with the Wellsville Daily Reporter:
June
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Ceglia's Facebook civil suit gaining steam in court and in media
By John Anderson Daily Reporter
Posted Jul 26, 2010 @ 10:44 AM
What a week for Facebook. First, the social network, which experts say is worth $24 billion, reached its 500 millionth user. Then, a civil suit against the company by a Wellsville man gained in credibility — in court and with the national media.
Paul Ceglia’s civil suit comes complete with a two-page “work for hire” contract allegedly signed by Facebook owner Mark Zuckerberg and a signed receipt from Zuckerberg after Ceglia paid him $1,000. According to terms of the contract, Ceglia’s civil suit, filed by Hornell attorney Paul Argentieri, claims Ceglia owns 84 percent of Facebook.
This week, the “Today Show” featured the case, calling it a “big battle.” During an interview this past week with Diane Sawyer on “ABC World News with Diane Sawyer,” Zuckerberg answered a question about the signatures, though he did stumble and refered to the signature as “we” instead of from himself.
“I don’t think that we ... that, uhh, if we said that we were unsure, I think that was likely taken out of context. Because I think we were quite sure that we did not sign a contract that says that they have any right to ownership over Facebook,” said Zuckerberg.
Ceglia’s attorneys were in court this week in Buffalo. Days later, he watched the interview with Zuckerberg online and said he laughed.
Ceglia, who has only consented to interviews with the Wellsville Daily Reporter, said, “I remember when he signed the contract. We met in the lobby of a hotel in downtown Boston. I stayed there the night before and we met and signed the contract.”
Ceglia said he does not remember the name of the hotel, but said he has his credit card statement showing he purchased the room. The contract was signed on April 28, 2003.
“I guess he (Zuckerberg) is between a rock and a hard place. No one expected him to say ‘No, I did not sign a contract,’ because there is a huge amount of evidence which has yet to be disclosed,”? said Ceglia. “You will have to wait until all the facts come out in court ... I would not want to be Mark Zuckerberg.”
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Ceglia seems to be pretty confident doesn't he? How do you think it will all play out?
Leave me a comment
June
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