Pipes Output
Visit VentureBeat
Court won t let ConnectU out of Facebook settlement
Posted on June 26, 2008
A federal judge just issued a ruling that may finally end the legal dispute between social networking companies Facebook and ConnectU. They reached a confidential settlement earlier this year, but ConnectU s founders have been trying to back out and reopen the lawsuit, saying they ve found new evidence to support their case.Judge James Ware s response to ConnectU s claims came earlier tonight, and he sided with Facebook, meaning that ConnectU s founders are stuck with the settlement. Apparently, their legal argument was that the deal was fraudulent, because Facebook misrepresented it...
Original article linkTags:
facebook , social networking default explanation





Subscribe to VentureBeat