Paul Ceglia’s Facebook Case Is Nothing But a Media Circus

Paul Ceglia claimed he owns 50% of Facebook and sued Zuckerberg last year. The case naturally attracted a lot of media attention. Ceglia also hired Manhattan law firm DLA Piper and Buffalo firm Lippes Mathias Wexler Friedman. In April, DLA Piper made confident statements about the case. Here is an excerpt from a WSJ article:

Facebook Inc (FB), JetBlue Airways Corporation (JBLU)

On Tuesday, Mr. Ceglia’s new lawyer, Robert Brownlie, said before taking on the case he was skeptical of Mr. Ceglia’s claims and spent weeks investigating the claims and documents. He said he brought in an outside expert to examine the computer file used to create the contract and to verify when it was first created. He declined to identify the expert.

Mr. Brownlie said he hasn’t personally seen the original contract, but the more he studied the matter, he gained “absolutely 100% confidence that [Mr. Ceglia's] agreement is authentic.”

Unfortunately, Ceglia’s legal team quit yesterday. This clearly implies that Ceglia has no real evidence to back up his claims. Court filings earlier this month showed that Ceglia doesn’t have any digital copies of emails between him and Zuckerberg. He has floppy disks with “copy-and-pasted” versions of those emails. This case has been nothing but a media circus. Facebook had maintained that the lawsuit is a fraud and the alleged contracts were all phony from the beginning.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!