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Winklevoss Twins

Fold in Facebook Lawsuit

6/22/2011 5:28 PM PDT BY TMZ STAFF

The Winklevoss twins are waiving the white flag in their epic legal war with Facebook's Mark Zuckerberg.

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The Winklevi have been fighting Zuckerberg for 7 years, claiming he jacked their idea for a social network.

The Twins claim Zuckerberg actually screwed them twice -- the second time by hiding documents that could have scored them more than the $65 mil they settled for back in 2008.

The W.T.'s were trying to get a judge to invalidate the settlement so they could renew their fight for more money, but after a series of legal setbacks, they have now officially dropped the case.

According to the final court filing today, the Cameron and Tyler Winklevoss agreed to accept  the settlement of $65 million in stock.

Now here's the good news for The Twins.  The stock has now swelled in value to $100 million.

Invest wisely boys, and stay away from the really smart kids at Harvard.

56 COMMENTS

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16.

Bobo Frog    

Terra....are you guys rich now?

1129 days ago
17.

nyer566    

ZUCK IS A COMPLETE JERK! HE IS GOING TO RUIN FACEBOOK WITH HIS LEFTWING BS HE IS PULLING ON FB! THAT COMMIE LOVER ZUCK DELETES ANYTHING CONSERVATIVE. HE IS AN UTTER FOOL!

1129 days ago
18.

Observer999    

Yo TMZ, they are 'waving' the white flag, not 'waiving' it.

1129 days ago
19.

Giovanni    

How ironic is it that the guy who invented Facebook only got to screw two guys with the same funny last name, while every pimple faced teenager on the site gets to have as many love muffins as they can eat. What's wrong with this picture Mr Suckerberg?

1129 days ago
20.

FruitSalad    

They better hurry up and sell that sht stock before facebook eats the poo.

1129 days ago
21.

Sonya in Tx    

Next time kids....incorporate and this won't happen.....

1129 days ago
22.

Nostradamus    

^ I agree- sell, Sell, SELL!
50 mil a piece is a nice number.

1129 days ago
23.

jpierce26    

boo hoo.....cry me a river. More money then they know what to do with....oh what a problem.

1129 days ago
24.

Yak    

Sell your shares ASAP and invest some of the money into therapy for your damaged egos. If anyone can't be over the moon with $100,000,000 for having "an idea" then you need mental help.

Guess what? I had an idea for a social networking site too, you don't see me suing everyone because of it. You MAY have had an idea but the odds of it growing into Facebook were slim to none. If you're so talented I'm sure you can use some of that seed money and start an equally successful new venture. As if.

Get over yourselves "losers" - go row your boat and enjoy life.

1129 days ago
25.

mickeyctx    

I hate those spoiled little brats! Get a grip you low life losers! Mad you didn't create facebook!

1129 days ago
26.

LUX    

Zuckerberg SCREWED the TWINS royally.
That's the truth.
Just because he knew how to program and he's working his butt off now -- nicely paid -- it does not change the fact that Zuckerberg is a THIEF.

Anyone that is or was an inventor knows that, when people steal your idea, sure, you move on, but something stays broken inside, no matter how successful you are afterwards.

I'll NEVER use facebook.
Allow that THIEF to sell my personal data? Not in a million years.

If the THIEF did this to the TWINS, when he was nobody, who knows what is capable of doing now, when he has property of every single word and picture in YOUR PROFILE?

1129 days ago
27.

gramercy808    

Sell the stock. Facebook sucks. I think that dork DID steal the idea and regardless of if the winkelvi are dorky or rich they must really believe the dork stole it...I'd agree.

1129 days ago
28.

gramercy808    

Sell the stock. Facebook sucks. I think that dork DID steal the idea and regardless of if the winkelvi are dorky or rich they must really believe the dork stole it...I'd agree.

1129 days ago
29.

Bill Leslie    

They're going to "blow" it all on gay pr0n escorts aren't they? And yes they both look like bottoms.

1129 days ago
30.

Justin    

What's Facebook?

1129 days ago
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