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.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 30 percentage points in 13 months Learn how!

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!