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Man Claims 84% of Facebook, Gets Order Blocking Assets

Cyrus writes "According to a Bloomberg scoop, a New York man claiming to own a majority of Facebook has gotten a signed court order to block Facebook from transferring assets."

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  1. Re:That Must Be One Entertaining Contract by Anonymous Coward · · Score: 5, Interesting
    Their response really doesn't seem to actually address the issue. If he wrote the original code for a different entity, and Zucker took that code and used it to create an exceptionally similiarly named company without compensating his 84% partner, he needs to address that.

    Among other things, the countersuit claims there's no need for urgent action (really? Pending sale of the IP doesn't make it urgent?)

    This sounds like a quick and poorly research counter while they circle the wagons and find out just what happened, sounds like Zucker may have "burned" the original company to elimate this little ownership problem, while taking all the assets. This little stunt may have actually sstarted the statue of limitations countdown, if he as CEO of "thefacebook" company wrote himself a severance package where he got the IP and the 84% owner said nothing because he was unaware, thinking he owned a silent but significant owner of "Facebook".

    Of course, odd that you would believe yourself even a 50% owner of a huge internet phenom and not ask for at least a board seat where you can find out what they are doing with your company...