Twins drop Facebook lawsuit

Tyler and Cameron Winklevoss and Harvard classmate Divya Narendra on Wednesday said in a filing through their lawyers to the United States Court of Appeals for the Ninth Circuit that "after careful consideration" they would not appeal to the U.S. Supreme Court.

The twins, who claimed that they, and not Zuckerberg, came up with the idea for Facebook, settled in 2008 in a cash-and-stock deal. They subsequently tried to undo the settlement, saying they were misled by Facebook about the value of the company's shares they received as part of the deal.


A Facebook spokesman said, "We've considered this case closed for a long time, and we're pleased to see the other party now agrees."

It wasn't immediately clear what triggered the decision by the Winklevosses to drop the case, which has dragged on since Mr. Zuckerberg created Facebook in his Harvard dorm room in 2004. A lawyer for the Winklevosses and Mr. Narendra declined to comment.

Lawyers filed legal paperwork saying that the twin brothers will not ask the top court in the nation to overturn a decision the US 9th Circuit Court of Appeals made siding with Facebook.

A spokesman for the attorneys declined comment on the decision to abandon the suit and said the Winklevoss brothers had no statement.