Tuesday, April 12, 2011

Facebook Settlement With Twins Upheld by Court Panel - NYTimes.com

And yet they will apparently find other ways to pursue their case

Judge Kozinski wrote: “The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace. With the help of a team of lawyers and a financial adviser, they made a deal that appears quite favorable in light of recent market activity.”

Judge Kozinski added: “For whatever reason, they now want to back out. Like the district court, we see no basis for allowing them to do so. At some point, litigation must come to an end. That point has now been reached.”

Facebook Settlement With Twins Upheld by Court Panel - NYTimes.com

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