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Fugitive Fails To Revive Facebook Lawsuit, Block Criminal Case


Ron Burgundy
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Facebook CEO Mark Zuckerberg speaks during his keynote address at Facebook F8 in San FranciscoBy Jonathan Stempel NEW YORK (Reuters) - A federal appeals court on Monday forcefully rejected the fugitive Paul Ceglia's effort to revive what U.S. prosecutors have called his fraudulent lawsuit to extort social media company Facebook Inc and its founder Mark Zuckerberg. The 2nd U.S. Circuit Court of Appeals in New York said "overwhelming forensic evidence" showed that a 2003 "Work for Hire" contract that Ceglia claimed entitled him to a 50 percent stake in Facebook was forged. Facebook's market value was about $226 billion as of Friday's market close. "We believe the facts plainly show that the Work for Hire contract is authentic." A spokeswoman for Facebook said: "We are pleased that the truth has prevailed." A spokeswoman for U.S. Attorney Preet Bharara in Manhattan declined to comment.




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