Reuters: Technology News: Judge recommends Ceglia lawsuit vs Facebook be dismissed

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Judge recommends Ceglia lawsuit vs Facebook be dismissed Mar 26th 2013, 21:34 Tweet Share this Email Print Related News Goldman wins ruling to arbitrate discrimination claim Thu, Mar 21 2013 Ex-Oregon governor candidate charged in Facebook IPO fraud Tue, Mar 19 2013 UPDATE 5-U.S. judge narrows private equity collusion lawsuit Wed, Mar 13 2013 Facebook puts focus on photos in new look; may boost ads Thu, Mar 7 2013 Facebook hit with fresh IPO-related lawsuit Mon, Mar 4 2013 Analysis & Opinion Separating truth from fiction about Facebook IA brief: If you haven't joined the social media bandwagon, you're not alone The Facebook logo is pictured at the Facebook headquarters in Menlo Park, California January 29, 2013. Credit: Reuters/Robert Galbraith Tue Mar 26, 2013 5:34pm EDT (Reuters) - A federal magistrate judge has recommended the dismissal of a civil lawsuit in which Paul Ceglia, a former wood pellet salesman, claimed a huge ownership stake in Facebook Inc. U.S. Magistrate Judge Leslie Foschio said on Tuesday that there is clear and convincing evidence that the 2003 contract under which Ceglia claimed a one-half interest in the social media company is a "recently created fabrication." Ceglia had claimed that the contract he signed with Mark Zuckerberg, then a Harvard University student and now Facebook's chief executive, entitled him to the stake. Zuckerberg had done programming work for Ceglia's company, StreetFax.com. In October, Ceglia was criminally charged by federal prosecutors in New York with mail and wire fraud in connection with alleged forgery of documents related to his Facebook claims. Paul Argentieri, a lawyer for Ceglia, was not immediately available on Tuesday for comment. (Reporting by Nate Raymond and Jonathan Stempel in New York; Editing by Leslie Adler) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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