Bye, Winklevii! Twins Finally Stop Suing Facebook

Finally! Cameron and Tyler Winklevoss are going to stop complaining about their settlement with Facebook, now worth more than $100 million.

The twins’ attorney submitted a filing today stating that the Winklevii have decided not to ask the U.S. Supreme Court to void a series of previous legal rulings upholding a settlement originally valued at $65 million — but now worth an additional $35 million because Facebook’s share value has risen.

“We’ve considered this case closed for a long time, and we’re pleased to see the other party now agrees,” said Andrew Noyes, manager of public policy communications at Facebook, via email.

The twins’ legal filing with the federal appeals court in San Francisco didn’t specify why the Winklevii have finally decided not to ask the U.S. Supreme Court to rule on the case, according to Reuters.

However, you don’t need a law to degree to be able to interpret what happened. The twins have become synonymous with greed in the public eye, making it highly unlikely that they would even make it onto the Supreme Court’s official schedule, let alone get a favorable ruling.

Readers, are you glad that the Winklevii are simmering down?

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you how to create, distribute, and measure the success of your brand's content. Register now!