Paul Ceglia's Big Time Law Firm Drops Him In His Case To Claim Ownership Of A Giant Chunk Of Facebook
from the due-diligence? dept
When Paul Ceglia refiled his lawsuit against Facebook, claiming that he's entitled to at least 50% (and perhaps more) of the company due to an agreement Zuckerberg supposedly signed in the very early days, one of the key things that caught the eye of legal watchers was that Ceglia had retained legal giant DLA Piper to represent him in the case. DLA Piper is a huge, respected law firm and law firms like that generally don't take on cases where fraud may be involved -- as Facebook has been alleging with Ceglia. Actually, for many, the fact that DLA Piper agreed to jump on the case after doing some "due diligence" gave the case credibility which it had lacked previously.Since then, however, Facebook has been even more aggressive in claiming the whole thing is a fraud and presented some pretty compelling evidence suggesting that the emails that Ceglia presented were not, in fact, written by Mark Zuckerberg at all.
And... just like that, DLA Piper is no longer representing Paul Ceglia. No explanation has been given, but for the folks who thought the association brought Ceglia credibility, seeing him abruptly dropped by the law firm (especially so soon after Facebook's response) certainly will have the opposite effect. It reduces the likelihood that Ceglia has a strong case.
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Filed Under: equity, mark zuckerberg, ownership, paul ceglia, scam
Companies: dla piper, facebook
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I suppose I'll have to drudge through the archives to relive the glory days of Weird Harold.
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