Law firm leaks huge amount Facebook paid to settle ConnectU lawsuit

Discussion in 'General Chat' started by blog8491, Feb 14, 2009.

  1. #1
    A LAW firm has let slip that Facebook paid $US65 million ($A99.04 million) to settle a lawsuit charging that founder Mark Zuckerberg swiped the idea for the website from former college roommates.

    Quinn Emanuel Urquhart Oliver & Hedges law firm boasted in a January advertising brochure about outcomes of an array of cases it handled last year, among them a $US65 million settlement from Facebook.

    The law firm's ad brags that it is a sound investment and that "it's our opponents who needed a bailout".

    The Recorder, a California legal publication popular among lawyers and judges, published a story about the leak this week.

    Quinn Emanuel lawyers represented ConnectU in a lawsuit that ended in a settlement in June last year.

    The financial terms of the settlement were edited from court documents and not disclosed by Facebook.

    What do you think about it?
     
    blog8491, Feb 14, 2009 IP