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NY Man Claims 84% of Facebook, Gets Order Blocking Assets

Jul 13, 2010, 17:38 (1 Talkback[s])
(Other stories by Bob Van Voris)

"A Western New York man who claims he owns 84 percent of Facebook Inc., the world's biggest social networking service, sued and won a state court order temporarily restricting Facebook from transferring assets.

"Paul Ceglia, of Wellsville, New York, sued Facebook and its founder and Chief Executive Officer Mark Elliot Zuckerberg in state court in New York's Allegany County on June 30. In the suit, Ceglia claims that a contract he and Zuckerberg signed in April 2003 entitles Ceglia to ownership of most of the privately held company."

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